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Dollar General NNN Retail Store
For Sale
Contact for pricing
Pending

605 S ORANGE ST, Albion, IN 46701

For sale Dollar General retail property secured by a new 10-year triple-net lease with tenant-paid operating expenses.

Property Size11,000 SF
Days on Market56

Property Features for 605 S ORANGE ST

General Information

Standard status Pending
Size 11,000 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Renovated 2026
Stories 1
Tenancy Single
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Jordan Klink · License #IN RB14043752
Source: Crexi
Added: Jun 17 Changed: Aug 10 Last Checked: Aug 9 at 2:29PM

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 Marcus & Millichap - Indianapolis

Investment Insights

Based on property information with market context.

This offering presents a Dollar General retail store secured by a brand-new 10-year lease. The property is structured as a triple-net (NNN) investment, with the tenant responsible for reimbursing real estate taxes, insurance, and common area maintenance through monthly CAM contributions. Tenant also assumes responsibility for HVAC maintenance and replacement, while landlord responsibilities are limited to roof and structural components, along with administering common area maintenance.

The property is located at 605 S ORANGE ST in Albion, Indiana.

The lease structure is designed for owners seeking a largely passive investment framework, paired with clear operational responsibility split typical of NNN arrangements. For buyers, the critical underwriting items are the new 10-year lease term and the expense reimbursement obligations placed on the tenant, including taxes, insurance, CAM, and HVAC. The landlord’s limited responsibilities to roof and structural components provide a defined scope for property-level oversight.

Key Highlights

  • Dollar General retail property in Albion, Indiana
  • Secured by a brand‑new 10‑year lease with Dollar General
  • Triple‑net (NNN) lease: tenant reimburses real estate taxes, insurance, and common area maintenance

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency HVAC Service Auto Parts Store Nail Salon Big Box & Wholesale 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

198
Businesses Nearby

Demographics for 46701, IN

7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
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?
NNN property - For sale Dollar General retail property secured by a new 10-year triple-net lease with tenant-paid operating expenses.
Where is this nnn property located?
The property is located at 605 S ORANGE ST Albion, IN.
What is the asking price?
The asking price for this property is $1,571,000.
What are key features of this property?
This property features: Dollar General retail property in Albion, Indiana; Secured by a brand‑new 10‑year lease with Dollar General; Triple‑net (NNN) lease: tenant reimburses real estate taxes, insurance, and common area maintenance
(317) 218-5316 Call to check price and availability
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