Ferdinand, IN 47532

Dollar General

Property Address

1801 Main Street, Ferdinand, IN, USA

Offering Summary

  • Price: $1,108,000
  • Lot Size: 1.17 Acres
  • Cap Rate: 7.0%
  • Year Built: 2011
  • Building SF: 9,014
  • Status: In Escrow
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  • 5 Years Remaining Corporate Guaranteed Lease with Dollar General
  • 10% Rental Increases in Each 4, 5 Year Option Period
  • Limited Competition - Site is the Only Discount/Dollar Store within 5 Miles
  • Situated Along Ferdinand’s Primary Thoroughfare - 8,500+ Cars/Day Along Main Street
  • Less Than 2 Miles Off the I-64 Freeway, a Major Interstate Connector with Direct Access to St. Louis, Missouri and Louisville, Kentucky
  • 52,805 Residents within a 15-Mile Radius
  • Average Household Income Exceeds $74,000 within a 5- and 10-Mile Radius
  • Strong Daytime Population - 54,700+ Employees in Surrounding Area

Broker Information