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Property profile & analytics
FOR SALE
Grocery and convenience stores

700 N County Line Rd Hobart, IN 46342

Built 2023
Property ID
US31-0073885
Property summary
AI-generated overview

- New Construction Single Tenant Free-Standing 10,640 Square Foot Dollar General in Hobart IN - Built in 2023 Dense and Growing Community Surrounding - 44,400+ People Reside within 3 Mile Radius of Site with a Projected +2.55% Population Growth Through 2027 Long Term 15 Year Absolute NNN Lease Structure with 0 Landlord Responsibilities and (3) 5 Year Options to Extend the Lease Featuring 10% Rental Increases Per Option Dollar General Holds an Investment Grade Credit Rating of "BBB" With S&P and a Positive/Stable Outlook. Dollar General's Store Count Increases Year Over Year Further Strengthening the Corporate Guaranty Average HH Income Exceeds $75,000 within 3 Mile Radius of Site Dollar General Boasts 33 Consecutive Quarters of Same-Store Sales Growth and 2021 Revenues Topped $34 Billion With $2.4 Billion in Net Income

Property profile
Verified
Property type Grocery and convenience stores
Year built 2023
UPID US31-0073885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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