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Dollar General

704 E Albion St, Avilla, IN 46710

Listing Price: $1,071,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.90

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and the Illinois location is scheduled for remodel.

Investment Highlights

  • Built to Suit in 2011
  • Triple Net Lease with Corporate Guarantee
  • Strong Placer.ai Metrics: #145 of 667 in Indiana
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Discount

Dollar General

Listing Price: $1,071,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.90

Investment Highlights

  • Built to Suit in 2011
  • Triple Net Lease with Corporate Guarantee
  • Strong Placer.ai Metrics: #145 of 667 in Indiana
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and the Illinois location is scheduled for remodel.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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