16967 N State Rd 3 | Eaton, IN 47338
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16967 N State Rd 3
Eaton, IN 47338
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive 8.00% return on a stabilized investment grade credit tenant
- 2014 build-to-suit construction for Dollar General with ±6 years remaining on an initial 15-year term
- Minimal competition as the closest national Dollar Store chain is over 5 miles away from the subject property
- Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income
- The property is located along the hard corner signalized intersection of E Eaton- Wheeling Pike and IN-3, just 10 miles north of Muncie, IN
- Dollar General boasts an investment grade credit rating of BBB (S&P) and has reported 34 consecutive quarters of sales growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.58 AC
PROPERTY TAXES
| Parcel Number | 18-03-22-278-015.000-023 | Improvements Assessment | $561,700 |
| Land Assessment | $87,100 | Total Assessment | $648,800 |
PROPERTY TAXES
Parcel Number
18-03-22-278-015.000-023
Land Assessment
$87,100
Improvements Assessment
$561,700
Total Assessment
$648,800
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