Dollar General

2417 John A Williams Boulevard, Bedford, IN 47421

Property Information

  • For Sale $1,094,709/SF
  • Property Type Retail
  • Property Size 9,100 SF
  • Lot Size 2.11 Acre
  • Cap Rate % 7.75
  • NOI / YR $84,840.00
  • Date Updated Nov 14, 2025
  • Visibility/Traffic Count (VPD) 115,000

Description

• High-Ranking Store

According to AlphaMap, this location is the #1 most visited Dollar General in Bedford, Indiana. It ranks in the 85th percentile statewide and the 76th percentile nationally for customer visits — underscoring its strong retail performance and consistent foot traffic.

• Investment-Grade Tenant

The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), which maintains an investment-grade credit rating of BBB from Standard & Poor’s. With a market capitalization of approximately $22 billion and a national footprint exceeding 20,000 stores across 48 states, Dollar General is a financially stable and rapidly expanding retailer.

• Resilient, Essential Retailer

Recognized as a value-discounter and “essential” retailer, Dollar General performs strongly during both inflationary and recessionary cycles. In Q2 2025, the company reported $10.7 billion in net sales, reflecting a 5.1% year-over-year increase, alongside 2.8% growth in same-store sales.

• Absolute NNN Lease

The property features an Absolute Triple-Net (NNN) lease structure, offering zero landlord responsibilities — providing investors with truly passive income.

• Relocation Store

This store represents a relocation of an existing, established Dollar General, demonstrating the company’s continued commitment to the Bedford market. The relocation reflects Dollar General’s confidence in the area’s strong retail fundamentals, following detailed performance and site-selection analysis.

• Ideal Demographics

The property benefits from strong area demographics, with an average household income of $77,988 within a 3-mile radius — aligning well with Dollar General’s customer base and growth strategy.

• Large Lot

Situated on a ±2.11-acre parcel, the property offers excellent long-term real estate value and future redevelopment potential.

• Below-Market Rent

The subject property is leased at below-market, replaceable rents, enhancing long-term investment security and potential appreciation.

• Strong Retail Synergy

The property is located less than one mile from major national retailers including Walmart, Aldi, and the Town Fair Center (anchored by Bealls, Ollie’s Bargain Outlet, and Bath & Body Works).

Nearby retailers such as KFC, Golden Corral, Goodwill, Denny’s, Steak & Shake, AT&T, Great Clips, and Culver’s contribute to a robust, synergistic retail trade area.

• Growing Market

The Bedford market is experiencing continued growth, highlighted by Hoosier Uplands’ recent announcement of a 32-unit affordable housing project for residents aged 55+ on Shawnee Drive.

The project, slated for completion by August 2026, is expected to further support local retail demand and consumer spending.

Contacts

Alexander Machado

Matthews Real Estate Investment Services

Location

Located at 2417 John A Williams Boulevard, Bedford, IN 47421, this property is part of the Bedford neighborhood and Louisville market.

Contact Listing Broker
Alexander Machado

Matthews Real Estate Investment Services

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