521 S 1st St Pierceton, IN 46562

Listing agency AiCRE Partners

Listed by Jason Gribin · License #CA 01819611

Source Crexi

Added: Apr 12 Updated: Jul 20 at 6:05PM Checked: Jul 21 at 10:12AM

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Investment Insights

Based on property information with market context.

Kidder Mathews is pleased to offer for sale the fee simple interest in a single-tenant, double-net Dollar General located in Pierceton, Indiana. The property is operated under a NN lease, with just over two years remaining and one 5-year extension option described as increasing 8.8% at the next option.

Dollar General has been committed to this location since 2000, and the operator exercised an early 5-year extension option in 2017 that included an additional 9.7% rental increase.

The offering is presented as a single-tenant retail investment with double-net lease responsibilities.

Key Highlights

• Single‑tenant Dollar General in Pierceton, IN offered as fee simple interest with a double‑net lease structure.
• Dollar General has operated at this location since 2000 and continues under an early 5‑year extension option (2017) with a 9.7% rental increase.
• Net lease with just over two years remaining, plus one 5‑year extension option that increases rent by 8.8% at the next option.

Property Analytics

Location Intelligence

FAQs

What type of property is this?

Grocery and convenience store - Fee simple sale of a single-tenant Dollar General with a double-net structure and a net lease in place.

Where is this grocery and convenience store located?

The property is located at 521 S 1st St Pierceton, IN.

What are key features of this property?

This property features: Single‑tenant Dollar General in Pierceton, IN offered as fee simple interest with a double‑net lease structure.; Dollar General has operated at this location since 2000 and continues under an early 5‑year extension option (2017) with a 9.7% rental increase.; Net lease with just over two years remaining, plus one 5‑year extension option that increases rent by 8.8% at the next option.