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Description

2 Dollar Generals buildings available as investment sale. The Property Owner intends to sell these retail buildings leased by Dollar General in St. Joseph County, Indiana together as an investment package for $785,000. However, the owner will entertain selling the buildings individually also. Dollar General has recently exercised its option for both properties through July 2012. The Tenant has been located at both properties since 1998. Additional upside for the properties exists beyond the 2012 lease term as Dollar General has no further options on the buildings. Sales have consistently increased and percentage rent is being paid on both sites. Several major improvements have recently been conducted. Easy to manage, armchair investment. Building # 1 is located at 304 Michigan Street in Walkerton, IN. This is a corner site and there are no other dollar stores or grocery stores in Walkerton. Building # 2 is centrally located at 105 S. Jefferson Street in North Liberty, IN. There are no other dollar stores in North Liberty. Building price details: $785,000.

Property Details

• Type: Retail
• Status: Available
• Buildings: 1

Map Locations