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

10903 E Jackson St, Selma (Outside Indianapolis), IN 47383

Listing Price: $1,885,500

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$207.20
Lease Type
Absolute Net
Rent Per Square Feet
$14.19

Investment Overview

Selma, Indiana is a strategically positioned town in Delaware County, situated within the heart of east-central Indiana’s agricultural and logistics corridor. Known for its quiet rural charm and deeply rooted Midwestern values, Selma offers a welcoming community environment supported by strong infrastructure and access to regional economic hubs.

Located just 10 miles southeast of Muncie—home to Ball State University and a variety of healthcare, education, and manufacturing employers—Selma benefits from its proximity to a growing metropolitan anchor. The area is served by Indiana State Road 32 and U.S. Route 35, providing direct access to regional highways and seamless connectivity to Indianapolis, Fort Wayne, and the broader Great Lakes region.

Selma is part of a broader swath of Indiana known for its productive farmland, low cost of living, and workforce stability. The surrounding area is dominated by generational family farms and agri-based industry, forming the backbone of the local economy. This agricultural strength, combined with access to regional distribution networks, supports consistent demand for rural-serving retailers.

Local schools, churches, and volunteer organizations play an important role in shaping the town’s community-driven atmosphere.

The presence of a Dollar General at the heart of Selma serves as a vital retail anchor for the town and its surrounding rural population. With reliable consumer traffic and limited nearby competition, the location is well-positioned to continue delivering strong sales performance, making it a compelling asset in today’s net lease investment landscape.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Feat. 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.
  • Features Easy Access & Strong Visibility - Just Minutes from U.S. Route 35 - benefits from Direct Connectivity to Muncie and East-West Travel Corridors serving Commercial Trucking and Local Commuters.
  • Strategic Location - this Dollar General benefits from its Strategic Placement along E Jackson Street (8k+ VPD), a well-traveled Local Thoroughfare serving as a Key Connector for Residential Neighborhoods and Nearby Communities.

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

    Managing Director 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

Discount

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

Listing Price: $1,885,500

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$207.20
Lease Type
Absolute Net
Rent Per Square Feet
$14.19

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Feat. 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.
  • Features Easy Access & Strong Visibility - Just Minutes from U.S. Route 35 - benefits from Direct Connectivity to Muncie and East-West Travel Corridors serving Commercial Trucking and Local Commuters.
  • Strategic Location - this Dollar General benefits from its Strategic Placement along E Jackson Street (8k+ VPD), a well-traveled Local Thoroughfare serving as a Key Connector for Residential Neighborhoods and Nearby Communities.

Investment Overview

Selma, Indiana is a strategically positioned town in Delaware County, situated within the heart of east-central Indiana’s agricultural and logistics corridor. Known for its quiet rural charm and deeply rooted Midwestern values, Selma offers a welcoming community environment supported by strong infrastructure and access to regional economic hubs. Located just 10 miles southeast of Muncie—home to Ball State University and a variety of healthcare, education, and manufacturing employers—Selma benefits from its proximity to a growing metropolitan anchor. The area is served by Indiana State Road 32 and U.S. Route 35, providing direct access to regional highways and seamless connectivity to Indianapolis, Fort Wayne, and the broader Great Lakes region. Selma is part of a broader swath of Indiana known for its productive farmland, low cost of living, and workforce stability. The surrounding area is dominated by generational family farms and agri-based industry, forming the backbone of the local economy. This agricultural strength, combined with access to regional distribution networks, supports consistent demand for rural-serving retailers. Local schools, churches, and volunteer organizations play an important role in shaping the town’s community-driven atmosphere. The presence of a Dollar General at the heart of Selma serves as a vital retail anchor for the town and its surrounding rural population. With reliable consumer traffic and limited nearby competition, the location is well-positioned to continue delivering strong sales performance, making it a compelling asset in today’s net lease investment 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

    Managing Director 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

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