Brand New Dollar General Plus | Rent Bumps

Highlights:

• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities | Concrete Parking Lot
• 2026 BTS Plus Size Construction | NOW OPEN!
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• 3 Mile Household Income $86,993
• 10 Mile Population 17,972
• 2,127 Cars Per Day on IN-250
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty

Description:

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in East Enterprise, Indiana. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in April 2026.

This Dollar General is highly visible as it is strategically positioned on IN-250 seeing 5,303 cars per day. The 10 mile population from the site is 17,972 and the 3 mile average household income is $86,993 per year, making this location ideal for a Dollar General. It sits adjacent to a Marathon Gas station & is a necessary addition to the community. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.60% cap rate based on NOI of $124,381.55.

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