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4243 N 450 E
Rolling Prairie, IN 46371
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.21 AC
Parking
28 Spaces (3.07 Spaces per 1,000 SF Leased)

About 4243 N 450 E , ROLLING PRAIRIE, IN 46371

NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF build-to-suit Dollar General in Rolling Prairie, IN. • This store has upgraded construction and is scheduled for delivery early in December 2019. NEAR INTERSTATE 90 • Strategically positioned on Hwy 20 (13,463 VPD) and less than 5 minutes from Interstate 90 (2,356 VPD). • Hwy 20 is the main throughfare connecting South Bend and Michigan City. • The 5-mile average household income is $81,548 which is superior to most Dollar General locations. LAPORTE MSA • This Dollar General is well located approximately 7 miles North East of LaPorte and is part of the LaPorte MSA. • La Porte serves as a hub for travelers commuting to NW Indiana, Michigan, and NW and is located 70 miles from downtown Chicago, 18 miles from South Bend and 16 miles from Michigan City. • Nearby national retailers include Kroger, Goodwill, Walmart, Walgreens and more. LONG TERM CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 10% rent increase in each of the five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated. • Currently over 15,836 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for 80 years and has a current net worth of over $6 billion.

Property Taxes

Property Taxes

Parcel Number
46-07-11-451-001.000-052
Land Assessment
$96,900
Improvements Assessment
$15,200
Total Assessment
$112,100
  • Listing ID: 17387834

  • Date on Market: 10/7/2019

  • Last Updated:

  • Address: 4243 N 450 E, Rolling Prairie, IN 46371

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