8035 Pea Ridge Rd - Freestanding FOR SALE
Brookville, IN 47012 |
$2,015,000 USD
858-373-3184
8035 Pea Ridge Rd
Brookville, IN 47012
HIGHLIGHTS
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years throughout the Initial Term and 5% at each Option.
- Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s.
- Located at a Hard Corner - Features Easy Access and Excellent Visibility Along one of the City’s Main Roads (IN-101) and Pea Ridge Road.
- Pea Ridge Road leads to a very Active Boat Launch Location just West of this Store.
- Walking Distance from Brookville Lake - 25+ Miles of Hiking Trails, Boating, and Nationally known Recreational and Sport Fishing.
OVERVIEW
Dollar General | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2024 Rare All-Wood Prototype Construction | Hard Corner Location | Along IN-101 and Pea Ridge Rd - Leads to a very Active Boat Launch Location | Adjacent to Brookville Lake - 25+ Miles of Hiking Trails, Boating, and Nationally known Recreational and Sport Fishing | Amazon Resistant Investment Grade Retail Concept
Indiana Broker of Record: Josh Caruana | License: RB14034355
FOR SALE DETAILS
PRICE
$2,015,000 USD
PRICE/SF
$189 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL w/ RENT INCREASES | 15YR NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.98 AC
LAND SF
86,249 SF
ZONING
-
APN/PARCEL ID
24-10-02-200-003.000-003
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858-373-3184
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858-373-3184
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