Listed by Marcus & Millichap - Baton Rouge, Marcus & Millichap - Milwaukee
$1,610,000
Dollar General Market
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 12,480
Net Rentable (SqFt) 12,480
Cap Rate 7.5%
NOI $120,732
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 20
Lease Expiration 06/30/2030
Remaining Term 4.1
Lease Options Two 5-Year
Price per SqFt $129
Broker Co-Op Yes
Year Built 2010
Acreage 2.190
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/26/2010
Ground Lease No
Top 6% | Early Renewal
Investment highlights
- Five Year Early Lease Extension in 2025, Now Leased Through 6/30/2030
- Built to Suit in 2010 and Later Rebranded to Dollar General Market
- Strong Placer.ai Rankings: Top 6% Nationwide
- 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 - Baton Rouge, Marcus & Millichap - Milwaukee
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,732.00
$10,061.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Brokerage
Title
Is there information that looks off?
