9620 N U.s Highway 31, Columbus, IN 47201

$1,012,000
Property Type: Commercial Sale Square Footage: 9,100 Lot Size (sq. ft.): 98,881 Status: Active
Current Price: $1,012,000 List Date: 4/06/2026 Last Modified: 4/06/2026

Overview

Description

Excellent investment opportunity located on highly traveled US Highway 31 in Columbus, Indiana! This well-positioned property offers outstanding visibility, strong traffic counts, and easy access. The building is fully leased to Dollar General, a nationally recognized retailer, providing stable and reliable income. Dollar General has successfully operated at this location since 2007 and recently executed a new five-year lease extension, demonstrating long-term commitment to the site. The property is structured as a NNN lease, offering minimal landlord responsibilities and a passive investment profile. With ample parking and a proven retail presence, this is an ideal opportunity for investors seeking dependable cash flow backed by a strong national tenant in a growing commercial corridor.

Listing Details MLS# 836580

General Property Information

Number Of Units Total
Yes
Living Area
9100
Building Area Source
Appraiser
Year Built
2008
Parking Total
32
Lot Size Acres
2.27
Lot Size Square Feet
98881.2
Lot Size Source
Appraiser
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Exterior Lighting; Private Restrooms Business Type: Retail Construction Materials: Aluminum Siding; Brick Cooling: Ceiling Fan(s); Central Air Current Use: Investment; Retail Electric: 200+ Amp Service Exterior Features: Lighting Heating: Central Interior Features: Ceiling Fan(s); High Ceilings; Open Floorplan Listing Terms: Cash; Conventional; Other Lock Box Information: Call Listing Office Owner Pays: HVAC Maintenance; Management; Roof Maintenance Possession: Negotiable Possible Use: Commercial; Industrial; Investment; Retail; Warehouse Rail Availability: None Roof: Metal Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: All Utilities; Electricity; Exterior Maintenance; Hot Water; Insurance; Repairs; Sewer; Snow Removal; Taxes; Telephone; Water Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
1012000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Owner Name
DG 9620 N US Hwy 31 LLC
Occupant Type
Tenant
Occupant Name
Dollar General

Location Tax and Legal

Street Number
9620
Street Direction Prefix
N
Street Name
U.s Highway 31
County
Bartholomew
State
IN
Postal Code
47201

Remarks and Miscellaneous

Public Remarks
Excellent investment opportunity located on highly traveled US Highway 31 in Columbus, Indiana! This well-positioned property offers outstanding visibility, strong traffic counts, and easy access. The building is fully leased to Dollar General, a nationally recognized retailer, providing stable and reliable income. Dollar General has successfully operated at this location since 2007 and recently executed a new five-year lease extension, demonstrating long-term commitment to the site. The property is structured as a NNN lease, offering minimal landlord responsibilities and a passive investment profile. With ample parking and a proven retail presence, this is an ideal opportunity for investors seeking dependable cash flow backed by a strong national tenant in a growing commercial corridor.

Status Change Information

Major Change Timestamp
2026-04-06T13:49:48Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-06

More Information

Exemption Information

Exemption YN
No

Income and Expenses

Cap Rate
7
Net Operating Income
70836
Total Actual Rent
70836

Showing Requirements

Showing Instructions
Schedule showing with listing agent. Listing agent will confirm with tenant for a showing between business hours: 8AM to 10PM.

Location, Tax, and Legal

School District
Bartholomew County
Tax Annual Amount
12876.87
Tax Year
2025
Tax Legal Description
Part Of Lot 2 Skotzke Minor Subdivision (Q/366 C)
Parcel Number
030522000002604009
Additional Parcels YN
Yes
Additional Parcels Description
03-05-23-330-001.502-009
Zoning Description
Commercial
Township
German
Directions
From I-65, take Exit 76 for US-31 toward Columbus. Head south on US-31 for approximately 3 miles. Property will be on the right (west) side of the highway at 9620 N US Highway 31.

Construction Materials

Aluminum Siding
Yes
Brick
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Lighting
Yes

Heating

Central
Yes

Interior Features

Ceiling Fan(s)
Yes
High Ceilings
Yes
Open Floorplan
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lock Box Information

Call Listing Office
Yes

Possession

Negotiable
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Cable Available
Yes
Cable Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Water Source

Public
Yes

Owner Pays

HVAC Maintenance
Yes
Management
Yes
Roof Maintenance
Yes

Tenant Pays

All Utilities
Yes
Electricity
Yes
Exterior Maintenance
Yes
Hot Water
Yes
Insurance
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Taxes
Yes
Telephone
Yes
Water
Yes

Current Use

Investment
Yes
Retail
Yes

Possible Use

Commercial
Yes
Industrial
Yes
Investment
Yes
Retail
Yes
Warehouse
Yes

Building Features

Exterior Lighting
Yes
Private Restrooms
Yes

Business Type

Retail
Yes

Rail Availability

None
Yes
Listing Office: Realest.com
Last Updated: April - 06 - 2026
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