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8004 W Old Wabash Rd
Andrews, IN 46702

$1,128,533 USD

Freestanding For Sale  •  9,026 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,026 SF
  • Lot Size 3.97 AC
  • Building Class B
  • Year Built 2020
  • Tenancy Single
10 Walk Score

Highlights

Investment-Grade Tenant: The property is leased to Dollar General Corp., a Fortune 500 company with an S&P credit rating of BBB
Corporate Guarantee: The lease is backed by a full corporate guarantee from Dollar General Corp. (NYSE: DG)
Absolute NNN Lease Structure: The lease is structured as Absolute Triple Net (NNN), with zero landlord responsibilities
Long-Term Lease with Growth: Approximately ±9.3 years remain on the current lease term, complemented by five 5-year renewal options
Strategic Location with Limited Competition: The property is well-positioned in a strong retail corridor with minimal direct competition
Attractive Yield Profile: The asset offers an above-market return, making it highly appealing to investors seeking stable, passive income

Public Transportation

AirportDriveWalkDistance
Fort Wayne International 39 min - 26.4 mi
Brett Beers 424-261-7308 Matthews Real Estate Investment Services
Brett Beers 424-261-7308 Matthews Real Estate Investment Services