6030 E State Road 16 Monticello, IN 47960

Building Details

Year Built

2018

Listing office SVN | Silveri Company p***@svn.com Show Phone

Listing date Nov 21, 2025

Source Svn

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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.

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FAQs

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.