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Dollar General | 15 Year Absolute NNN w/ Rent Increases | 2025 Rare All-Wood Prototype Construction

220 N West St, Roann (Outside Ft. Wayne), IN 46974

Listing Price: $2,036,500

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$191.40
Lease Type
Absolute Net
Rent Per Square Feet
$13.11

Investment Overview

Roann, Indiana, is a vibrant and historically significant community in Wabash County, distinguished by its rich cultural heritage, strategic location, and strong local identity. Though small in population, Roann plays an outsized role in preserving the architectural and agricultural legacy of northern Indiana. The town is located along the Eel River, a key feature that has historically supported trade, industry, and settlement throughout the region.

The town’s proximity to larger hubs like Wabash, Peru, and North Manchester also enhances its relevance. With convenient access to regional highways and economic centers, Roann is part of a broader corridor of development and commerce in north-central Indiana. This location allows for dynamic interaction between rural charm and urban opportunity, attracting both investment and interest in the area.

Roann sits at the intersection of rich agricultural productivity and a growing appreciation for rural heritage tourism. The land around it supports robust crop production and livestock operations, with many family-run farms contributing to Indiana’s broader agricultural economy. These aren’t just local farms—they’re part of a statewide network that supports food supply chains, agribusiness innovation, and sustainable farming practices.

Roann’s community is known for its initiative and engagement. Local leaders and residents alike are committed to preserving historical landmarks while looking toward the future through community development projects and tourism partnerships. This forward-thinking approach gives Roann a unique blend of authenticity and ambition—making it not just a scenic destination, but an essential thread in the fabric of Indiana’s cultural and economic landscape.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years throughout the Initial Term & 5% at each Option. Brand New 2025 Rare All-Wood Prototype Construction.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $40.61 Billion.
  • Excellent Frontage Along IN-16, with Easy Access and Strong Visibility - Prime Positioning for Local and Pass-through Traffic. Hard Corner Location.
  • Strategic Location - Serves a Wide Trade Area with Limited Retail Competition - Strong Local Customer Base and Essential Retail Positioning. Next Nearest Dollar General is more than 11 Miles away.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Dollar General | 15 Year Absolute NNN w/ Rent Increases | 2025 Rare All-Wood Prototype Construction

Listing Price: $2,036,500

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$191.40
Lease Type
Absolute Net
Rent Per Square Feet
$13.11

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years throughout the Initial Term & 5% at each Option. Brand New 2025 Rare All-Wood Prototype Construction.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $40.61 Billion.
  • Excellent Frontage Along IN-16, with Easy Access and Strong Visibility - Prime Positioning for Local and Pass-through Traffic. Hard Corner Location.
  • Strategic Location - Serves a Wide Trade Area with Limited Retail Competition - Strong Local Customer Base and Essential Retail Positioning. Next Nearest Dollar General is more than 11 Miles away.

Investment Overview

Roann, Indiana, is a vibrant and historically significant community in Wabash County, distinguished by its rich cultural heritage, strategic location, and strong local identity. Though small in population, Roann plays an outsized role in preserving the architectural and agricultural legacy of northern Indiana. The town is located along the Eel River, a key feature that has historically supported trade, industry, and settlement throughout the region. The town’s proximity to larger hubs like Wabash, Peru, and North Manchester also enhances its relevance. With convenient access to regional highways and economic centers, Roann is part of a broader corridor of development and commerce in north-central Indiana. This location allows for dynamic interaction between rural charm and urban opportunity, attracting both investment and interest in the area. Roann sits at the intersection of rich agricultural productivity and a growing appreciation for rural heritage tourism. The land around it supports robust crop production and livestock operations, with many family-run farms contributing to Indiana’s broader agricultural economy. These aren’t just local farms—they’re part of a statewide network that supports food supply chains, agribusiness innovation, and sustainable farming practices. Roann’s community is known for its initiative and engagement. Local leaders and residents alike are committed to preserving historical landmarks while looking toward the future through community development projects and tourism partnerships. This forward-thinking approach gives Roann a unique blend of authenticity and ambition—making it not just a scenic destination, but an essential thread in the fabric of Indiana’s cultural and economic landscape.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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