This fee simple offering is 100 percent leased to Dollar General. The lease commenced in October of 2012 and has a 15-year primary term, with five five-year tenant options to extend. Rent increases three percent in Year-11 and 10 percent every five years during the option periods. The subject sits on the southwest corner of State Route 15 andCounty Road 46 (Market Street) in New Paris. The location offers premium sight-lines and access. Nearby businesses and retailers include Marathon, Sunoco, Veada Industries, Smoker Craft Boat Manufacturers, KMC Controls and Turtle Top Bus Manufacturing. Developed in 2012, the property consists of 1.78 acres of land improved with a 9,100-square-foot building.
|50 Mb/s: Indiana Fiber Network, LLC|
|1.5 Mb/s: New Paris Telephone Co., Inc.|