Listed by Marcus & Millichap - Cleveland
$1,156,000
Dollar General
Details
Property Type Retail
Sub Type Storefront
Square Footage 11,837
Net Rentable (SqFt) 11,837
Cap Rate 8.5%
NOI $98,252
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 15
Lease Expiration 11/29/2027
Remaining Term 1.5
Lease Options Four 5-Year
Price per SqFt $98
Broker Co-Op Yes
Acreage 0.600
Investment Type Net Lease
Lease Commencement 11/30/2012
Ground Lease No
Top 5% | 8.5% Cap Rate
Investment highlights
Double Net Lease with Corporate Guarantee
Very Strong Placer.ai Metrics: #14 of 285 Dollar Generals in West Virginia
10 Percent Increase at Next Option in 2027
Part of a Nine Location Dollar General Portfolio and Available for Sale Individually
Listing Contacts
Listed by Marcus & Millichap - Cleveland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,252.00
$8,187.67/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
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