Listed by Marcus & Millichap - Milwaukee
$1,298,000
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,100
Net Rentable (SqFt) 9,100
Cap Rate 7.8%
NOI $101,220
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 20
Lease Expiration 03/30/2031
Remaining Term 4.8
Lease Options Four 5-Yr
Price per SqFt $143
Broker Co-Op Yes
Year Built 2011
Acreage 0.880
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/29/2011
Ground Lease No
7.80% Cap Dollar General
Investment highlights
- Five Year Early Lease Extension in 2025, Now Leased Through 3/31/2031
- Double Net Lease with Corporate Guarantee
- Built to Suit in 2011
- Refurbished Roof in Fall 2025 - Five Year Warranty
- 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
$101,220.00
$8,435.00/mo
Valuation Metrics
0
DSCR
7.8%
Cap Rate
7.8%
ROI
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