Monticello Dollar General Investment
For Sale
$1,156,714
6030 E State Road 16, Monticello, IN 47960
NNN leased Dollar General in Monticello, Indiana tourist destination.
Property Size9,363 SF
Price / SF$123.54
Days on Market280
Property Features for 6030 E State Road 16
General Information
Standard status
Active
Size
9,363 SF
Property subtype
Retail
Building Details
Building Size
9,363 SF
Year Built
2018
Listing Agency:
SVN | Silveri Company
(616) 893-1398
Listed By:
Peter Colvin · License #6501197270
(616) 893-1398
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 18
Last Checked: Aug 26 at 6:44AM
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 SVN | Silveri Company
Investment Insights
Based on property information with market context.
This NNN leased Dollar General investment property is located in Monticello, Indiana, a tourist destination situated halfway between Chicago and Indianapolis. The 9,363 SF building, constructed in 2018, is positioned on a corner lot with frontage on Indiana Highway 16. The base lease term extends through June 30, 2033, with 8 years remaining, and includes 5 five-year renewal options with 10% increases. The location is near the Tippecanoe River and Lake Shafer, home to Indiana Beach Amusement Park, restaurants, pubs, wineries, shopping, waterfront resorts and river cruises. A Phase 1 Report and an ALTA Survey are available. The property is highly visible along Indiana Highway 16.
Key Highlights
- NNN Lease with Dollar General for passive income.
- Lease through 6‑30‑2033, with 8 years remaining plus 5 five‑year renewal options.
- Located in Monticello, Indiana, near Indiana Beach Amusement Park and Lake Shafer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47960, IN
15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN leased Dollar General in Monticello, Indiana tourist destination.
Where is this grocery and convenience store located?
The property is located at 6030 E State Road 16 Monticello, IN.
What is the asking price?
The asking price for this property is $1,156,714.
What are key features of this property?
This property features: NNN Lease with Dollar General for passive income.; Lease through 6‑30‑2033, with 8 years remaining plus 5 five‑year renewal options.; Located in Monticello, Indiana, near Indiana Beach Amusement Park and Lake Shafer.
