Jonesville, IN
Price:
$1,498,945
Cap Rate:
6.45%
NOI:
$96,682
Building Size:
Approx. 10,640 Sq. Ft.
Lot Size:
Approx. 2.19 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2023
Investment Overview
- 2023 Construction. 10,640+/- SF Building on 2.19+/- Acre Site
- Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rental Bumps in Each of the (4) 5-Year Options
- Little to No Competition in the Trade Area | Only Nationally Branded Store Within Miles
- Large Format Dollar General Featuring the New 10,640 Sq Ft Prototype
- Jonesville is Located 55 Miles South of Indianapolis and 60 Miles North of Louisville
- E-Commerce Resistant Retailer that Plans to Open an Additional 1,050 Stores in 2023
- Jonesville | Located in Bartholomew County | County Population: 82,000+