Dollar General NNN Property For Sale — Upland, IN
807 South Main Street, Upland, IN 46989
This offering presents a corporate-backed, absolute NNN leased Dollar General, relieving the landlord of all maintenance and expense responsibilities. The lease has over nine years remaining, with five five-year options, each including a 10% rent increase. Strategically located, this Dollar General is the sole national discount retailer in Upland, making it a primary shopping destination for local consumers and providing a stable investment opportunity.
- Address: 807 South Main Street, Upland, IN 46989
- Asking price $1.29M
- 7.20% cap rate
- NOI $93,000
- 9 years remaining
- NNN lease
- Building size: 9,100 SF
- Lot size: 1.65 acres
- Rent increases: 10% rent increases during each option period
- Guarantor: Corporate
Location
This Dollar General property is at 807 South Main Street in Upland, Indiana.
Asset type: Retail