Listed by Johnson Net Lease
$1,135,371
Dollar General
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 9,100
Cap Rate 7%
NOI $79,476
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 20.7
Lease Expiration 02/28/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 3 x 5 Year
Price per SqFt $125
Price Per Acre $970,403
Broker Co-Op Yes
Class C
Year Built 2010
Acreage 1.170
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/13/2010
Ownership Fee Simple
Sale Condition 1031 exchange
Retail | 7.00% CAP | 9,100 SF
Marketing description
Corporate Guaranty | BBB Investment Grade Tenant
Three (5 Year) Options | 10% Rental Rate Increase at Each
5.7 Years Remaining on Primary Term
Low PPSF/RPSF
Right off the Highway in main retail corridor
Investment highlights
Corporate Guaranty | BBB Investment Grade Tenant
Three (5 Year) Options | 10% Rental Rate Increase at Each
5.7 Years Remaining on Primary Term
Low PPSF/RPSF
Right off the Highway in main retail corridor
LL Responsible for Roof & Structure
Listing Contacts
Listed by Johnson Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,476.00
$6,623.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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