Sands Investment Group | SIG
  • Home
  • Listings
  • Product Types
    • All
    • Automotive
    • Convenience Store
    • Dollar Store
    • Drugstore
    • Early Education
    • Industrial
    • Medical
    • Office
    • Owner-User
    • Restaurant
    • Retail
    • Strip Centers
  • Results
    • Closings
    • Testimonials
  • About
    • About SIG
    • Meet the Team
    • The SIG Advantage
    • SIGives
    • Press
    • Net Lease Insider
    • FAQ
  • Contact
  • Careers
  • Search
  • Menu Menu
844.4.SIG.NNN
info@SIGnnn.com

Dollar General Absolute Net Lease NNN Dollar Store Indiana

Dollar General | La Porte, IN
Make an Offer
Investment Offering

Tenant: Dollar General | La Porte, IN
Premises: 9,100 SF
Renewal Options: 5 x 5 Years

Lease Expiration: 7/14/2020
Lease Type: Absolute NNN
Rental Increases: 10% at Options


We Are Pleased to Offer the Absolute Net Lease Investment Opportunity Located at 3510 S SR 104 in La Porte, Indiana.

  • 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Brand New Construction – Opening in Q3 2020
  • Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG)
  • Five 5-Year Option Periods With 10% Rental Increases at Each Option
  • Dollar General Has Been Committed to Servings Others Since the Company’s Inception in 1939
  • Dollar General Has Hired Over 50,000 New Employees to Help Support Operations Across It’s Organization Amid the Heightened Demand to Meet Customers Essential Needs
  • Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
  • Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges; Read More Here
  • Affluent Demographics Making an Average Household Income of $75,517 Within a 5-Mile Radius
  • The Michigan City-La Porte, IN MSA is Strategically Situated Within a One-Day’s Drive of Half of the Population of the United States, With 22 Major Markets Located Within 600 Miles of the MSA
  • Major Employers of La Porte County Consists of: IU Health La Porte Hospital, Blue Chip Casino, Saint Anthony Memorial Health Center, La Porte Community School Corporation, La Porte County Office and Alpha Baking Company
In Cooperation With
Latitude Commercial Realty, Inc. IN Lic. # Rc50900583
2342 Cline Avenue, Schererville, IN 46375

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview
Dollar General Corporation (NASDQ: DG) was founded in 1939 and has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America's most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo. Dollar General operated 16,368 stores in 45 states as of February 28, 2020 with 16 different distribution centers. For fiscal 2018, Dollar General executed approximately 2,000 real estate projects comprised of 900 new stories, 1,000 store remodels and 100 store relocations. For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.
Area Overview

Dollar General | La Porte, IN

3510 S SR 104 - La Porte, IN 46350

$1,422,900

Cap Rate: 6.60%
Status: Sold

Dollar General | La Porte, IN

Chris Naylon

310.438.5525
cnaylon@SIGnnn.com

Elan Sieder

512.649.5185
elan@SIGnnn.com

Kaveh Ebrahimi

310.853.1426
kaveh@SIGnnn.com

Todd Lewis

512.957.0597
todd@SIGnnn.com

Aaron McDermott

219.864.0200
aaron@latitudeco.com

Make an Offer
$5 BILLION IN SALES

Leverage our Platform
List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

Similar Listings of Interest

Dollar Tree | Charlotte, NC

Dollar Tree | Charlotte, NC

5811 Prosperity Church Road - Charlotte, NC 28269

Cap Rate: 7.50%
Available
$4,357,280
View Listing Download
Dollar General | Yreka, CA

Dollar General | Yreka, CA

100 E Blake Street - Yreka, CA 96097

Cap Rate: 5.50%
Available
$3,168,400
View Listing Download
Dollar General | Oliver Springs, TN

Dollar General | Oliver Springs, TN

316 Hannah Drive - Oliver Springs, TN 37840

Cap Rate: 6.75%
Available
$1,955,111
View Listing Download
Dollar General | Georgetown, SC

Dollar General | Georgetown, SC

510 Church Street - Georgetown, SC 29440

Cap Rate: 6.00%
Available
$1,911,800
View Listing Download
Dollar General | Pontiac, MI

Dollar General | Pontiac, MI

382 Cesar E Chavez Avenue - Pontiac, MI 48342

Cap Rate: 5.75%
Available
$1,689,445
View Listing Download
Family Dollar | Hinckley, MN

Family Dollar | Hinckley, MN

501 Barry Avenue - Hinckley, MN 55037

Cap Rate: 6.75%
Available
$1,525,925
View Listing Download
Dollar General | El Paso, TX

Dollar General | El Paso, TX

8090 Doniphan Drive - El Paso (Vinton), TX 79821

Cap Rate: 7.00%
Available
$1,193,753
View Listing Download
Family Dollar & Dollar Tree Anchored Shopping Center | Williston, SC

Family Dollar & Dollar Tree Anchored Shopping Center | Williston, SC

12522-12536 Main St - Williston, SC 29853

Cap Rate: 7.50%
Available
$1,084,008
View Listing Download
Dollar Tree | Fort Smith, AR

Dollar Tree | Fort Smith, AR

1620 Grand Avenue - Fort Smith, AR 72901

Cap Rate: 8.00%
Available
$1,005,738
View Listing Download
SIG Influencer
Costar 2017
SC25
INC 5000
Reforum 2016
Costar 2016
Reforum 2015
Connect Media Top Broker 2019
Connect Media Woman
Connect Top Broker Award 2018

Categories

  • Listings
  • NNN Property Types
  • Closings
  • Net Lease Insider
  • The SIG Advantage

Information

  • Press
  • Testimonials
  • Careers

Support

  • Contact
  • Frequently Asked Questions
  • Letter of Intent
  • SIGives
  • SIG Intranet

Contact

Phone: 844.4.SIG.NNN
Fax: 844.328.5905
Email: info@SIGnnn.com
Instagram

Accessibility

SSL Certificate
Copyright © 2021 SIGnnn.com - All Rights Reserved. Privacy Policy
  • Twitter
  • Facebook
  • LinkedIn
  • Instagram
  • Youtube
  • Listings
  • NNN Property Types
  • Closings
  • Net Lease Insider
  • The SIG Advantage
  • Home
  • Listings
  • Product Types
    • All
    • Automotive
    • Convenience Store
    • Dollar Store
    • Drugstore
    • Early Education
    • Industrial
    • Medical
    • Office
    • Owner-User
    • Restaurant
    • Retail
    • Strip Centers
  • Results
    • Closings
    • Testimonials
  • About
    • About SIG
    • Meet the Team
    • The SIG Advantage
    • SIGives
    • Press
    • Net Lease Insider
    • FAQ
  • Contact
  • Careers
  • Register
  • Login

Login/Register to Download this file

Please complete form below to continue.

Login/Register to Download this file

Please complete form below to continue.

Scroll to top
Get Property Updates

By submitting your information and signing up for email updates, you agree to SIG Online Terms of Use