Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 9,000 square foot Dollar General store located at 215 S Main St, Brownstown, IN 47220. Built in 1990 on a 0.51-acre lot, this single-tenant property boasts a strong 8.5% cap rate, generating a net operating income (NOI) of $84,095. The property is subject to a Net Net (NN) lease with a credit-rated corporate guarantor, ensuring consistent cash flow. The current lease, commenced on November 30, 2010, has a remaining… term of approximately one year, with four, five-year lease options, each including a 10% rent increase. The tenant, Dollar General, has a history of exercising these options, demonstrating their commitment to the location. The property's prime location on Main Street benefits from high visibility and significant daily vehicle traffic. The asking price is $989,355, translating to $109.93 per square foot and representing a compelling price-per-unit given the strong tenant and lease terms. This is a rare opportunity to acquire a well-performing, low-maintenance retail investment with a highly reputable national tenant in a desirable location. The property's strong financials, coupled with the long-term lease and favorable lease terms, make this an attractive investment for discerning buyers seeking stable, high-yield returns.
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
- 9,040 SF
- Lot area
- 0.26 ac
- Year built
- 1990
- Stories
- 1
- APN
- 36-54-14-102-072.000-002
- Assessed value · 2023
- $184,700
- Annual tax · 2023
- $5,023
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
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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