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915 Jonesville Rd
Columbus, IN 47201
Dollar General · Retail Property For Sale


Investment Highlights
- Brand new 2026 built-to-suit Dollar General Plus store with 15-year absolute NNN lease
- Zero landlord responsibilities with concrete parking lot
- Corner site with 14,239 cars per day on Jonesville Road
- 5% rental rate increases every 5 years including at each of the five 5-year renewal options
- Corporately guaranteed by Dollar General Corporation with BBB investment-grade credit rating
- 5-mile population of 57,745 with strong demographics
Executive Summary
Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in Columbus, Indiana. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in February 2026.
This Dollar General is highly visible as it is strategically positioned on the corner of Garden Street & Jonesville Road seeing 14,239 cars per day. The 5 mile population from the site is 57,745 and the 2 mile average household income is $112,477 per year, making this location ideal for a Dollar General. It sists just off of the W Jonathan Moore Pike, 1 mile from the Tony Stewart Speedway, directly across from a mobile home community & nestled among houses. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.35% cap rate based on NOI of $149,348.64.
This Dollar General is highly visible as it is strategically positioned on the corner of Garden Street & Jonesville Road seeing 14,239 cars per day. The 5 mile population from the site is 57,745 and the 2 mile average household income is $112,477 per year, making this location ideal for a Dollar General. It sists just off of the W Jonathan Moore Pike, 1 mile from the Tony Stewart Speedway, directly across from a mobile home community & nestled among houses. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.35% cap rate based on NOI of $149,348.64.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
C
Year Built
2026
Price
$2,351,947
Price Per SF
$221.05
Cap Rate
6.35%
NOI
$149,349
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.61 AC
Zoning
Commercial - Commercial
Frontage
280’ on Jonesville Road
Amenities
- Corner Lot
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 03-95-36-220-000.400-004 | Improvements Assessment | $110,700 |
| Land Assessment | $16,600 | Total Assessment | $127,300 |
Property Taxes
Parcel Number
03-95-36-220-000.400-004
Land Assessment
$16,600
Improvements Assessment
$110,700
Total Assessment
$127,300
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