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New Absolute NNN Retail Property

915 Jonesville Rd, Columbus, IN 47201

For Lease
$2,351,947 NNN

Newly built Dollar General Plus store with a corporate guaranty and no landlord responsibilities under the lease.

Space SizeContact for details
Property Size10,640 SF
Days on Market95

Property Features for 915 Jonesville Rd

General Information

Standard status Active
Size 10,640 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $149,348

Building Details

Year Built 2026
Building Size 10,640 SF
Tenancy Single
Abandoned No
Listing Agency: Fortis Net Lease
Listed By: Bryan Bender · License IN #6501319610
Source: Fortisnetlease
Added: Aug 8 Changed: Nov 8 Last Checked: Nov 10 at 5:52AM

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 Fortis Net Lease

Rey
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Investment Insights

Based on property information with market context.

Completed in 2026 and opened in February 2026, this 10,640-square-foot Dollar General Plus store operates under a 15-year absolute NNN lease. The structure places no landlord responsibilities on the owner and includes 5% rental rate increases every 5 years, including each of five 5-year renewal options. Dollar General Corporation provides a corporate guaranty and carries a BBB investment-grade credit rating.

The property occupies a corner site at 915 Jonesville Rd in Columbus, Indiana. Jonesville Road records 14,239 cars per day, and the location is 1 mile from Tony Stewart Speedway. Residential homes surround the site, while the 1-mile household income is $79,124 and the 5-mile population is 57,745.

Key Highlights

  • 10,640 SF Dollar General Plus store completed in 2026
  • 15‑year absolute NNN lease with zero landlord responsibilities
  • 5% rental rate increases every 5 years

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Walls Excavating LLC General Contractor

Suggested Use

Top Pick Garden Center Hair Salon Veterinary Clinic Pet Grooming Service Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 47201, IN

45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Newly built Dollar General Plus store with a corporate guaranty and no landlord responsibilities under the lease.
Where is this nnn property located?
The property is located at 915 Jonesville Rd Columbus, IN.
What is the lease rate?
The lease rate is $2,351,947.
What are key features of this property?
This property features: 10,640 SF Dollar General Plus store completed in 2026; 15‑year absolute NNN lease with zero landlord responsibilities; 5% rental rate increases every 5 years
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