Dollar General

The Town of Pines is a small community in Indiana located in Porter County, just east of Michigan City and within the greater Northwest Indiana region. Strategically positioned near Interstate 94, U.S. Highway 20, and the Indiana Toll Road, the town offers excellent connectivity to Chicago, South Bend, and other major Midwest markets. The surrounding area benefits from a diverse economy supported by manufacturing, logistics, healthcare, tourism, and retail, while its proximity to Lake Michigan provides additional recreational and economic advantages. Northwest Indiana continues to attract industrial and commercial investment due to its strategic location, robust transportation infrastructure, and access to one of the nation's largest consumer markets. Town of Pines also benefits from its close proximity to Indiana Dunes National Park, a nationally recognized destination that attracts millions of visitors each year and supports the area's hospitality and retail sectors. Residents and businesses enjoy convenient access to regional employment centers, major highways, rail corridors, and the Port of Indiana–Burns Harbor, reinforcing the area's role as an important logistics and distribution hub. Supported by strong regional demographics, ongoing economic development, and excellent transportation access, the Town of Pines offers an attractive environment for businesses and long-term commercial real estate investment.Fortis Net Lease is pleased to present the opportunity to acquire a single-tenant Dollar General located at 2872 W Dunes Highway in Town of Pines, Indiana. The property consists of a 9,100-square-foot retail building and is secured by a 15-year NNN lease, providing investors with a low-management investment opportunity backed by one of the nation's leading discount retailers. The lease commenced on January, 2017, and extends through January, 2032, generating an annual Net Operating Income of $96,509.64. The lease also includes five 5-year renewal options, providing the potential for long-term occupancy and income continuity. The lease features 10% rental increases at each renewal option, offering investors contractual income growth over the long term. Strategically positioned along West Dunes Highway, the property benefits from excellent visibility and convenient access within the Northwest Indiana market, while serving the daily shopping needs of the surrounding residential communities. Backed by Dollar General's proven operating model and the resilience of necessity-based retail, this offering presents investors with the opportunity to acquire a stable net lease asset supported by a nationally recognized tenant and predictable cash flow.