Listed by Marcus & Millichap - Milwaukee
$1,041,000
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,014
Net Rentable (SqFt) 9,014
Cap Rate 8%
NOI $83,276
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 20.1
Lease Expiration 08/31/2030
Remaining Term 4.2
Lease Options Three 5-Year
Price per SqFt $115
Broker Co-Op Yes
Year Built 2010
Acreage 1.450
Tenant Credit Corporate Guarantee
Lease Commencement 08/08/2010
Ground Lease No
Recent Lease Extension
Investment highlights
- Five Year Lease Extension in 2025, Now Leased Through 8/31/2030
- Built to Suit in 2010
- Double Net Lease with Corporate Guarantee
- Part of a Seven Location Dollar General Portfolio and Available for Sale Individually
Listing Contacts
Listed by Marcus & Millichap - Milwaukee
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,276.00
$6,939.67/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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