This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

948 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Dollar General 807 S Main St

9,100 SF Retail Building Upland, IN 46989 £1,020,693 (£112/SF) 7.20% Net Initial Yield

Investment Highlights

  • Absolute NNN lease with zero landlord maintenance or expense responsibilities
  • Lease is guaranteed by Dollar General Corporation (NYSE: DG),#108 on the Fortune 500 list of companies (S&P: BBB)
  • Recent build-to-suit to Dollar General’s 9,100 SF prototype
  • 10% rent increases during each option period
  • Dollar General has 19,000+ locations with $38.7 billion in 2023 fiscal year sales and a net income of $1.7 billion
  • Less than 1 mile from Taylor University (1,901 students), which was founded in 1846 and located on a 952-acre campus in Upland

Executive Summary

A corporate-backed, absolute NNN leased Dollar General with zero landlord maintenance or expense responsibilities. The lease features 9+ years remaining with five, 5-year options, each with a 10% rent increase. This Dollar General is the only national discount retailer in Upland, positioning it as the go-to destination for local shopping needs.

Attachments

DollarGeneral_UplandIN

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
£1,020,693
Price Per SF
£112
Net Initial Yield
7.20%
NOI
£73,471
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
1.65 AC
1 of 1

PROPERTY TAXES

Parcel Number 27-09-03-403-003.000-013 Improvements Assessment £458,409
Land Assessment £19,646 Total Assessment £478,055

PROPERTY TAXES

Parcel Number
27-09-03-403-003.000-013
Land Assessment
£19,646
Improvements Assessment
£458,409
Total Assessment
£478,055
(415) 481-0377

  • Listing ID: 33612044

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 807 S Main St, Upland, IN 46989

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
807 S Main St, Upland, IN for sale Primary Photo- Image 1 of 4
807 S Main St Upland IN-18_EDITED
807 S Main St, Upland, IN for sale Building Photo- Image 2 of 4
807 S Main St Upland IN-15_EDITED
807 S Main St, Upland, IN for sale Building Photo- Image 3 of 4
807-S-Main-St-Upland-IN-16_EDITED

1 of 1

Connect with us

© 2024 CoStar Group

Dollar General | 807 S Main St
(415) 481-0377 x

Dollar General | 807 S Main St

Andrew Klontz

(415) 481-0377

(415) 481-0377

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link