For Sale
$1,381,000
16250 Jonesville RdColumbus, IN 47201
High-yield NNN retail investment. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- Absolute NNN lease; zero landlord responsibilities except taxes.
- 2023 build-to-suit, 10,640 SF Dollar General on a 2.73-acre parcel.
- 13.5+ years remaining on the initial 15-year lease; five, five-year renewal options with rent increases.
- Investment-grade credit (BBB, S&P); publicly traded (NYSE: DG); $39.67B 2024 trailing twelve-month revenue.
- $1,381,000 asking price; 7.00% cap rate; $129.79/SF.
Property Details for 16250 Jonesville Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 10,640 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 118,919 SF
- Units
- 1
Location Insight
- City
- Columbus
- County
- Bartholomew
- State
- Indiana
- Latitude
- 39.060168611914
- Longitude
- -85.883196435349
16250 Jonesville Rd, Columbus, Indiana
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FAQs
- What type of property is this?
- Retail property - High-yield NNN retail investment. Strong tenant.
- Where is the retail property located?
- The property is located at 16250 Jonesville Rd Columbus, IN.
- What is the asking price?
- The asking price for this property is $1,381,000.
- What are key features of this property?
- This property features: Absolute NNN lease; zero landlord responsibilities except taxes.; 2023 build-to-suit, 10,640 SF Dollar General on a 2.73-acre parcel.; 13.5+ years remaining on the initial 15-year lease; five, five-year renewal options with rent increases.
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