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.
Listing Office: Realest.com
Last Updated: April - 06 - 2026
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