700 N County Line Rd Hobart, IN 46342
New construction Dollar General in Hobart, IN with long-term lease.
Type:Retail
Property size:
10,640 SF- Added:
- Mar 6, 2026
- Days on Market:
- 27
- Last Refresh:
- Mar 25 at 10:25 pm
Property Features for 700 N County Line Rd
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Joe Shamoun (248) 728-4833
Listing office (248) 728-4833
Listing date Mar 6, 2026
Source Legacycrea
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 Joe Shamoun
Overview
New Dollar General NNN Lease
This is a new construction, single-tenant, free-standing Dollar General property located in Hobart, Indiana. Constructed in 2023, the building encompasses 10,640 square feet. The surrounding community is dense and growing, with over 44,400 residents within a 3-mile radius and a projected population growth of +2.55% through 2027. The property is subject to a long-term, 15-year absolute NNN lease structure, meaning there are zero landlord responsibilities. The lease includes three 5-year options to extend, each featuring 10% rental increases. Dollar General holds an investment-grade credit rating of "BBB" with S&P and a positive/stable outlook. The company's store count increases year over year, further strengthening the corporate guaranty. The average household income exceeds $75,000 within a 3-mile radius of the site. Dollar General boasts 33 consecutive quarters of same-store sales growth, and 2021 revenues topped $34 billion with $2.4 billion in net income.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Hobart
- County
- Lake
- State
- Indiana
- Longitude
- -87.2218
- Latitude
- 41.5488
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - New construction Dollar General in Hobart, IN with long-term lease.
Where is this grocery and convenience store located?
The property is located at 700 N County Line Rd Hobart, IN.
What is the asking price?
The asking price for this property is $1,798,600.
What are key features of this property?
This property features: New 2023 Construction Single Tenant Dollar General in Hobart, IN; Long Term 15 Year Absolute NNN Lease with Zero Landlord Responsibilities; Investment Grade Credit Rating of "BBB" by S&P with a Positive/Stable Outlook
