For Sale
$1,381,000
16250 Jonesville Rd Columbus, IN 47201
High-yield NNN retail investment. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Absolute NNN lease; zero landlord responsibilities except taxes.
- 2023 build-to-suit, 10,640 SF Dollar General on a 2.73-acre parcel.
- 13.5+ years remaining on the initial 15-year lease; five, five-year renewal options with rent increases.
- Investment-grade credit (BBB, S&P); publicly traded (NYSE: DG); $39.67B 2024 trailing twelve-month revenue.
- $1,381,000 asking price; 7.00% cap rate; $129.79/SF.
Property Details for 16250 Jonesville Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 10,640 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 118,919 SF
- Units
- 1
Location Insight
- City
- Columbus
- County
- Bartholomew
- State
- Indiana
- Latitude
- 39.060168611914
- Longitude
- -85.883196435349
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN retail investment. Strong tenant.
- Where is the retail property located?
- The property is located at 16250 Jonesville Rd Columbus, IN.
- What is the asking price?
- The asking price for this property is $1,381,000.
- What are key features of this property?
- This property features: Absolute NNN lease; zero landlord responsibilities except taxes.; 2023 build-to-suit, 10,640 SF Dollar General on a 2.73-acre parcel.; 13.5+ years remaining on the initial 15-year lease; five, five-year renewal options with rent increases.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website