Dollar General for Sale in Indianapolis, IN
Indianapolis, IN
Key Investment Metrics
Price
$729,000
Cap Rate
8.6%
Net Operating Income
$62,400
Building Size
8995 SF
Land Area
1.1 Acres
Remaining Term
3.9 years
Lease Expiration
06/29/2030
Lease Type
NN+
Tenant Credit
Corporate Guarantee
Year Built
2005
Occupancy
100%
Tenancy
Single
Rent Increases
In Each Option
Property overview
Dollar General in Indianapolis
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 8,995 SF
- Land area
- 1.1 acres
- Year built
- 2005
- Lease type
- NN+
- Lease expiration
- 06/29/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.