Dollar General | Abs NNN | 8.10% Cap Rate
Retail | 8.10% CAP | 9,100 SqFt
Marketing description
This location is a 2014-built property with ±4.5 years remaining on an original 15-year Absolute NNN Lease with an additional three, 5-year options.
The property is strategically located directly in the heart of Virden, IL and is surrounded by residential neighborhoods, local businesses, and national retailers including AutoZone, Circle K, Dairy Queen, Subway and more providing a strong, local customer base.
Investment highlights
Investment Grade Tenant and Corporate Guarantee from Dollar General Corp. (S&P:BBB), a Fortune 500 Company (NYSE:DG)
Absolute NNN Lease with No Landlord Responsibilities
Limited Competition in A Strong Location Surrounded by National Retailers Such as AutoZone, Dairy Queen, Circle K, Subway, and more
Attractive Return Providing an Above Average Market Yield
E-Commerce and Recession Proof Company
±4.5 Years of Term Remaining and an Additional Three, 5 Year Options with 10% Increases
2014 BTS Construction
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