Single Tenant Dollar General Store

304 Michigan St Walkerton, IN 46574

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For Sale
$725,000

Freestanding Dollar General in Walkerton, Indiana with NN lease.

Type:Retail
Added:
Mar 5, 2026
Days on Market:
129
Last Refresh:
Apr 5 at 10:10 pm

Property Features for 304 Michigan St

General Information

Standard status
Active
Property subtype
Retail

Building Details

Year Built
1972

Listing office Legacy Real Estate Advisors

Listing date Mar 5, 2026

Source Legacycrea

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Advisors


Investment Insights

Based on property information with market context.

This single-tenant, freestanding Dollar General property is located in Walkerton, Indiana. The property operates under an NN lease structure, assigning minimal responsibilities to the landlord. Dollar General has a Standard & Poor's credit rating of BBB. The store reports strong sales performance, with the tenant paying 2% of sales over $1.8 million. The property has a long operating history, with multiple options exercised, demonstrating a strong commitment to the location. Recent renovations include resurfacing of the parking lot and exterior paint on the building.

Key Highlights

  • Single tenant free standing Dollar General
  • NN lease structure - minimal landlord responsibilities
  • Dollar General Standard & Poor's credit rating - BBB

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Big Box & Wholesale Store Real Estate Agency Auto Repair Shop HVAC Service Law Firm Nail Salon Hair Salon Garden Center Grocery & Convenience Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Freestanding Dollar General in Walkerton, Indiana with NN lease.
Where is this grocery and convenience store located?
The property is located at 304 Michigan St Walkerton, IN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Single tenant free standing Dollar General; NN lease structure - minimal landlord responsibilities; Dollar General Standard & Poor's credit rating - BBB
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