4950 Us 50 Butlerville, IN 47223

Exceptional investment opportunity: a brand-new, 10,566 square foot Dollar General Plus convenience store in Butlerville, Indiana. This absolute NNN net lease boasts a 15-year term with a strong 7.10% cap rate and a substantial NOI of $120,263. The property features 5% rental increases every five years, minimizing landlord responsibilities and maximizing long-term returns. Located at 4950 E US 50, this highly visible location benefits from significant traffic on a major east-west artery, providing easy access to St. Louis and Cincinnati. The store sits on a large 1.9+ acre parcel and is situated in a thriving area with strong demographics, including average household incomes exceeding $70,000. The area also benefits from proximity to major attractions such as Versailles State Park, Muscatatuck National Wildlife Refuge, and the Muscatatuck Urban Training Center, ensuring consistent customer traffic. Built in 2024, this upgraded "Plus" store design reflects Dollar General's commitment to modern retail standards. The investment-grade tenant, rated 'BBB' by S&P, is the nation's largest retailer with over 20,000 stores, providing exceptional stability and security. This property presents a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant long-term growth potential. The asking price is $1,694,000, with a price per square foot of $160.33. This is a turnkey investment with minimal landlord responsibilities, making it an ideal addition to any portfolio. The property is conveniently located between Cincinnati, Indianapolis, and Louisville, further enhancing its strategic value. The close proximity to Purdue University's Southeast Agricultural Center adds to the area's robust economic activity.