Entity Owned Property summary
This fee-simple offering presents a compelling investment opportunity: a 9,100-square-foot Dollar General storefront in Monrovia, Indiana. The property, built in 2009, boasts a Class A rating and is situated on a 0.96-acre lot. The current lease, a Net Net (NN) single-tenancy agreement with Dollar General, has a remaining term of 1.5 years, expiring May 31, 2026, with five five-year lease options including a 10% rent bump at each option. The property generates a strong net operating income… (NOI) of $82,500, resulting in an attractive 8.25% capitalization rate. The asking price is $1,000,000, translating to $109.89 per square foot. This location is a top performer, ranking in the top 30% of Indiana and top 33% nationwide in visits per Placer. The property benefits from its position in a booming suburb of Indianapolis, with a three-mile average household income of $106,528. Its strategic location near the intersection of IN-42 and IN-39 (combined VPD of 8,570), 1.5 miles from I-70 (64,430 VPD), and proximity to major residential developments and industrial parks, including Westpoint Business Park (a 6M SF, 550-acre industrial park), further enhances its value. The area also benefits from the presence of major distribution facilities for companies such as Sunbeam, Geodis, DHL, FedEx, Chewy, GXO, Johnson & Johnson, and XPO Logistics, with approximately 1,500 combined employees. Significant future residential growth is anticipated, with 742 additional homes scheduled for construction between 2022 and 2027. The property includes a concrete parking lot and a concrete dumpster enclosure. Monrovia's advantageous location within the Indianapolis MSA, a 24-mile drive from Indianapolis' city center and a 13-minute drive to Indianapolis International Airport, adds to its appeal.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,230 SF
- Lot area
- 0.96 ac
- Year built
- 2009
- Stories
- 1
- APN
- 55-04-12-180-004.002-022
- Assessed value · 2023
- $675,000
- Annual tax · 2023
- $8,670
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Historical Records
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