106 Columbia StUnion City, IN 47390
For Sale
$1,473,270
- Added:
- Dec 11, 2024
- Days on market:
- 91
Highlights
- Family Dollar/Dollar Tree occupied this former pharmacy in 2022, completing a full renovation of the existing concrete building.
- The tenant, Family Dollar/Dollar Tree, has a 7+ year primary lease term with three 5-year renewal options.
- Rent increases of $0.50/SF are included at the start of each renewal option.
- This is a Modified Net Lease; tenant pays Real Estate Taxes, Insurance, and CAM; landlord responsible for roof, structure, and parking lot.
- Investment-grade credit tenant, Dollar Tree Stores, Inc., boasts a $20.6B market cap (as of 08/15/2024), $30.6B+ in 2023 revenue, and over 16,000 locations nationwide.
- The property enjoys high visibility at the signalized intersection of IN Routes 28 & 32, near IN Routes 47 & 571, across from McDonald's, and close to municipal offices and schools.
Property Details for 106 Columbia St
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 11,868 SF
- Year Built/Renovated
- 1999/2022
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 62,726 SF
- Units
- 1
Location Insight
- City
- Union City
- County
- Randolph
- State
- Indiana
- Latitude
- 40.1977376
- Longitude
- -84.8070809
106 Columbia St, Union City, Indiana
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