Dollar General (Absolute Nnn Lease)– Glenwood, In
Market Price
315 State Street, Glenwood, IN 46133
7.65
Cap Rate
86,400
NOI
Details:
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.
Documents:
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dollargeneral.glenwood_PKG.pdf
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Location
Gallery