New NNN Dollar General Investment

Representative Image
New NNN Dollar General Investment
2016 NNN Dollar General 15 Year Lease Term
8165 N State Rd 23, Walkerton (Koontz Lake), IN 46574
For Sale:
1st Yr NOI:
Size:
Lease:
$1,271,517.25 ; 6.86% cap rate
$86,400.00
9,026 SF DG Prototype, Approx 1.806 acres
NNN 15 Yr Term, Five 5 Yr Options to Renew
10% Rent Increases Upon Each Renewal Option
New Lease Commenced August 2016
Location: Near Koontz Lake on State Road 23
Dollar General: Corp Guaranteed Lease; S&P rating of BBBAdditional Info on Next Page
Investor Relations click here
Kurt Meyer, CCIM
(317) 627-5151
[email protected]
www.BaselineCommercial.com
The information contained herein was obtained form sources considered reliable. We cannot be responsible for
errors, omissions, prior sale or lease, withdrawal from the market, or change in price. Seller and broker make no
representation as to the environmental condition of the property and recommend purchaser’s/lessee’s
independent investigation.
NNN Dollar General Walkerton (Koontz Lake), Indiana 46574
Lease Commences August 2016
Brand New NNN Dollar General Investment
City
Walkerton
State
IN
Address
Monthly Rent
Lease Turnover
$7,200.00
August 2016
8165 N State Rd 23 (Koontz Lake)
Total Annual Rent
$86,400.00
Price at 6.86% cap rate
$1,271,517.25
New Lease Commences August 2016, 9026 SF DG Prototype
15 year NNN Lease Guaranteed by Dollar General
Rent Increases 10% at Renewal Options
Five 5 Year Options to Renew
Walkerton, IN is Located Southwest of South Bend on State Road 23
Koontz Lake is South of Walkerton, IN & Close to the New Dollar General
Additional Location Info:

Koontz Lake Info Click here

Starke County, Indiana Website Click here

St Joseph County, Indiana Website Click here

Walkerton, Indiana Click here
Kurt Meyer, CCIM
(317) 627-5151
[email protected]
www.BaselineCommercial.com
NNN Dollar General Walkerton (Koontz Lake), Indiana 46574
Lease Commences August 2016
Kurt Meyer, CCIM
(317) 627-5151
[email protected]
www.BaselineCommercial.com
NNN Dollar General Walkerton (Koontz Lake), Indiana 46574
Lease Commences August 2016
Koontz Lake
Kurt Meyer, CCIM
(317) 627-5151
[email protected]
www.BaselineCommercial.com
NNN Dollar General Walkerton (Koontz Lake), Indiana 46574
Lease Commenced August 2016
Kurt Meyer, CCIM
(317) 627-5151
[email protected]
www.BaselineCommercial.com