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Dollar General Convenience Store
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406 North Main Street, Walton, IN 46994

The retail property was constructed in 2020 and is identified with the Dollar General brand.

Property Size9,026 SF
Price / SF$126.15
Days on Market122

Property Features for 406 North Main Street

General Information

Standard status Active
Size 9,026 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $85,400

Additional Details

Cap Rate 7.5%

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Matthews
Listed By: Kevin Bettinger · License #CA 02168242
Source: Crexi
Added: May 2 Changed: Aug 29 Last Checked: Aug 29 at 4:54PM

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 Matthews

Investment Insights

Based on property information with market context.

This retail property at 406 North Main Street in Walton, Indiana, contains 9,026 square feet and was constructed in 2020. The asset is identified with the Dollar General brand and falls within the grocery and convenience store category.

The property is offered under an absolute NNN lease structure and carries a 7.50% cap rate. Its address places the building on North Main Street in Walton, IN 46994, providing a clearly defined location for review within the local retail market.

Key Highlights

  • 9,026‑square‑foot retail property
  • Constructed in 2020
  • Identified with the Dollar General brand

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick HVAC Service Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Marathon Petroleum Shops & Services
5,777 visits/mo 0.0 miles
Hometown Pizza Dining
537 visits/mo 0.2 miles

Demographics for 46994, IN

2,626
Population
1,002
Households
2.6
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
57.7 sq mi
ZIP Area
46
Density / Sq Mi
$60,732
Median Household Income
$34,450
Median Earnings
$627
Median Rent
$146,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The retail property was constructed in 2020 and is identified with the Dollar General brand.
Where is this grocery and convenience store located?
The property is located at 406 North Main Street Walton, IN.
What is the asking price?
The asking price for this property is $1,138,667.
What are key features of this property?
This property features: 9,026‑square‑foot retail property; Constructed in 2020; Identified with the Dollar General brand
More about this property
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