Log In/Sign Up
Your email has been sent.
9620 N Us Highway 31 9,100 SF Retail Building Columbus, IN 47201 $1,012,000 ($111.21/SF) 7.70% Cap Rate
Executive Summary
Single-tenant net-leased investment opportunity with established national tenant, Dollar General, providing stable and predictable cash flow. Tenant has operated successfully at this location since 2007 and recently executed a lease extension, demonstrating long-term commitment to the site.
Property is strategically located along highly trafficked US Highway 31 with strong visibility and easy access, supporting long-term tenant performance and retention.
NNN lease structure offers passive income with minimal landlord responsibilities. Financials, lease agreement, and additional due diligence materials available upon request with signed NDA and/or LOI.
Property is strategically located along highly trafficked US Highway 31 with strong visibility and easy access, supporting long-term tenant performance and retention.
NNN lease structure offers passive income with minimal landlord responsibilities. Financials, lease agreement, and additional due diligence materials available upon request with signed NDA and/or LOI.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2008
Price
$1,012,000
Price Per SF
$111.21
Cap Rate
7.70%
NOI
$77,916
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.27 AC
Zoning
CC - Zoned CC (Commercial Center), allowing retail and service uses. Supports current Dollar General tenancy and long-term investment stability.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
- -
- -
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-05-22-000-002.604-009 | Improvements Assessment | $608,800 |
| Land Assessment | $259,300 | Total Assessment | $868,100 |
Property Taxes
Parcel Number
03-05-22-000-002.604-009
Land Assessment
$259,300
Improvements Assessment
$608,800
Total Assessment
$868,100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Austgen Properties Inc
9620 N Us Highway 31
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.