Log In/Sign Up
Your email has been sent.
2 Dollar Generals w 3.88% Assumable Debt 2 Retail Properties Offered at $2,345,000 in Multiple Locations
Investment Highlights
- Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
- Corporate Guarantee with Over 20,000 Stores
- Absolute Net Leases With Over Nine Years Remaining on Base Terms
- Built-to-Suit in 2020
Executive Summary
Marcus & Millichap is pleased to present this portfolio of two Dollar Generals in Walton and Andrews Indiana. The portfolio has an attractive loan with a 3.88% interest rate that must be assumed by the buyer. Both Dollar Generals were built -to-suit in 2020 and have over nine years remaining on the absolute net leases.
Property Facts
| Price | $2,345,000 | Status | Active |
| Price / SF | $129.90 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 2 |
| Cap Rate | 7.25% | Total Building Size | 18,052 SF |
| Sale Type | Investment NNN | Total Land Area | 6.30 AC |
| Price | $2,345,000 |
| Price / SF | $129.90 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 18,052 SF |
| Total Land Area | 6.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Dollar General
8004 W Old Wabash Rd, Andrews, IN 46702 |
Retail | 9,026 SF | 2020 | $1,167,000 |
| 406 S Main St, Walton, IN 46994 | Retail | 9,026 SF | 2020 | $1,178,000 |
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2 Dollar Generals w 3.88% Assumable Debt
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.