4950 US-50 - Freestanding FOR SALE
Butlerville, IN 47223 |
$1,694,000 USD
858-373-3174
4950 US-50
Butlerville, IN 47223
HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
- Brand New ‘Plus’ Store with Upgraded Design, Oversized Parcel Consists of 1.9 +/- Acres
- Situated in the Heart of Jennings County with Over 27,000 Residents
FOR SALE DETAILS
PRICE
$1,694,000 USD
PRICE/SF
$160 USD /SF
CAP RATE
7.1%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Plus
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.58 AC
LAND SF
155,992 SF
ZONING
-
APN/PARCEL ID
40-09-28-200-013.000-004
ASK ABOUT THIS PROPERTY
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858-373-3174
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858-373-3174
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