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Dollar General (Absolute Nnn Lease)– Glenwood, In

Market Price

315 State Street, Glenwood, IN 46133

Active
Last Updated: 03/03/2026

7.65

Cap Rate

86,400

NOI

Details:
Cap Rate:    7.65%
NOI:    $86,400
Building Size:    9,100 sqft
Lot Area:    9,100 sqft
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2019
Zoning:    C
Tenancy:    Single
Lease Expire Year:    01/30/2034
Highlights:
  • CORPORATE GUARANTEED LEASE: 8 years remaining on Absolute NNN lease with ATTRACTIVE 10% rental escalations every 5 years in renewal options
  • CORPORATE TENANT: Dollar General Corporation (NYSE: DG | S&P BBB Credit Rating | Moody’s Baa3 Rating) operated 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the U.S. and Mi Super Dollar General stores in Mexico as of 10/31/25
  • LARGE PARCEL | TRAFFIC COUNTS: Strategically located on a large ±1.036-acre parcel along S Rd 44/W State St, Glenwood’s main east-west corridor, benefitting from strong visibility, easy access, and traffic counts of 5,514 CPD
  • STRATEGIC LOCATION: Only Dollar General in a mile radius and only daily needs grocer in a 7-mile radius!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 1,918 | Average Household Income (1MI): $91,502
Description:

Dollar General has 8 years remaining on Absolute NNN lease with ATTRACTIVE 10% rental escalations every 5 years in renewal options. The Tenant, Dollar General Corporation (NYSE: DG | S&P BBB Credit Rating | Moody’s Baa3 Rating) operated 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the U.S. and Mi Super Dollar General stores in Mexico as of 10/31/25. Dollar General is Strategically located on a large ±1.036-acre parcel along S Rd 44/W State St, Glenwood’s main east-west corridor, benefitting from strong visibility, easy access, and traffic counts of 5,514 CPD.

The Asset is the Only Dollar General in a mile radius and only daily needs grocer in a 7-mile radius! Glenwood is 53 miles (about 1 hour) east of Indianapolis, IN; 66 miles (1 hour 15 minutes) northwest of Cincinnati, OH; 66 miles (1 hour 30 minutes) east of Dayton, OH; 120 miles (about 2 hours) north of Louisville, KY.

Map:
Documents:
Title
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Location
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