TBD W Old Road 30

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TBD W Old Road 30

Etna Green, IN 46524
Asking Price
$2.16M
Cap Rate
6.7%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

15-Year Lease with 5% Bumps <ul><li>​2026 Development Dollar General Store in Etna Green, IN</li><li>​15-Year Absolute NNN Lease With Zero Landlord Responsibilities</li><li>​5% Rent Increases Every 5 Years</li><li>​10,640 Square Foot Prototype That Accommodates a Larger Volume of Customers</li><li>​Limited Retail Competition – Only Dollar Store Within 6 Miles, Serving as Primary Retail Hub</li><li>​Affluent Community – Avg. Household Income Exceeds $118K Within 1‑Mile Radius</li><li>​Highly Visible Corner Lot on Hwy 30 Wit

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NOI
$80,000
Cap Rate
3.71%
DSCR
0.63
Underwater
Cash-on-Cash
-7.42%
Monthly Payment
$10,666.192
Annual Cash Flow
$-47,994.306

Location & Travel Times