4747 East Oak Knoll Road Rolling Prairie (La Porte MSA), IN
Building Size: 9,100 SF
Lot Size:1.21 AC
NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF build-to-suit Dollar General in Rolling Prairie, IN. • This store has upgraded construction and is scheduled for delivery early in December 2019.
NEAR INTERSTATE 90 • Strategically positioned on Hwy 20 (13,463 VPD) and less than 5 minutes from Interstate 90 (2,356 VPD). • Hwy 20 is the main throughfare connecting South Bend and Michigan City. • The 5-mile average household income is $81,548 which is superior to most Dollar General locations.
LAPORTE MSA • This Dollar General is well located approximately 7 miles North East of LaPorte and is part of the LaPorte MSA. • La Porte serves as a hub for travelers commuting to NW Indiana, Michigan, and NW and is located 70 miles from downtown Chicago, 18 miles from South Bend and 16 miles from Michigan City. • Nearby national retailers include Kroger, Goodwill, Walmart, Walgreens and more.
LONG TERM CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 10% rent increase in each of the five, 5-year option periods.
INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated. • Currently over 15,836 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for 80 years and has a current net worth of over $6 billion.