2570 New Middletown Elizabeth Rd New Middletown, IN 47160

Fee simple ownership of a 10,640 sq ft Dollar General in New Middletown, IN, on a 1.25-acre lot. Built in 2023, this single-story building boasts a new 15-year absolute NNN lease with corporate guarantee, featuring 10% rent bumps at the start of each 5-year option period. The property enjoys a 6.75% cap rate and $106,522 annual NOI. Located on a primary thoroughfare with limited competition and strong demographics, this investment offers significant upside potential. The property is situated near other businesses and essential services, including a fire station and elementary school, ensuring high visibility and consistent customer traffic. The 5-mile trade area boasts over 8,000 residents and 1,600 daytime employees, with average household incomes exceeding $90,000. This is a management-free investment opportunity with a strong tenant and excellent location. The asking price is $1,578,000 ($148.31/sq ft).