Dollar General NNN Property For Sale
Patoka, IN
This Dollar General Absolute NNN property in Patoka, IN, offers a robust opportunity for commercial real estate investors. Built in 2020, the property spans 9,100 square feet and is situated on 1.45 acres. It presents a stable income stream with a 7.5% cap rate at an asking price of $1,145,062. The Absolut NNN lease structure ensures minimal landlord responsibilities, making it an attractive asset for those seeking predictable cash flow and qualifying for 1031 exchanges. The location in Patoka, IN, provides strong local demographics, excellent visibility, and accessibility, supporting Dollar General's operations and securing the investment.
- Address: Patoka, IN
- Asking price $1.15M
- 7.50% cap rate
- NOI $85,880
- 9.7 years remaining
- NNN lease
- Year built: 2020
- Building size: 9,100 SF
- Lot size: 1.45 acres
- Lease expiration: Aug 30, 2035
- Rent increases: 10% In Options
- Guarantor: Corporate
Asset type: Retail