Listed by U.S. Commercial Realty
$1,675,000
6.75% Cap-Rate Dollar General Investment Property
Details
APN 32J11-0084E-000
Property Type Retail
Sub Type Storefront, Dollar Store
Square Footage 10,640
Cap Rate 6.76%
NOI $113,156
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/01/2037
Remaining Term 11.2
Rent Bumps Yes
Lease Options 2 (5-Year) and 1 (4-Year, 11 Months)
Pro-Forma Cap Rate 6.76%
Pro-Forma NOI $113,156
Price per SqFt $157
Broker Co-Op Yes
Year Built 2022
Buildings 1
Acreage 2.120
Zoning C - Commercial
Parking Spaces 43 spaces
Parking per 1,000 SqFt 4.04
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2022
Occupancy Date 10/23/2022
Ownership Fee Simple
Retail | 6.76% CAP | 10,640 SqFt
Marketing description
Newly constructed in 2022, with Corporate Guaranteed lease, this is an Absolute NNN investment, with no Landlord responsibilities. Direct highway access from US Route 30 (York Road) gives this location excellent visibility. 15 year lease, commenced October, 2022.
Investment highlights
- Newly constructed in 2022, with Corporate Guaranteed lease, this is an Absolute NNN investment, with no Landlord responsibilities.
- Direct highway access from US Route 30 (York Road) gives this location excellent visibility.
- 15 year lease, commenced October, 2022.
Listing Contacts
Listed by U.S. Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,156.00
$9,429.67/mo
Valuation Metrics
0
DSCR
6.76%
Cap Rate
6.76%
ROI
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