Listed by SWE Realty
$1,515,854
RELOCATION DOLLAR GENERAL
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 10,640
Net Rentable (SqFt) 10,640
Cap Rate 6.85%
NOI $103,863
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 12/31/2031
Remaining Term 5.6
Rent Bumps Yes
Lease Options 5/5 Year Options
Pro-Forma Cap Rate 6.85%
Pro-Forma NOI $103,863
Price per SqFt $142
Broker Co-Op Yes
Class A
Year Built 2017
Acreage 1 - 2
Investment Type Net Lease
Lease Commencement 01/01/2017
Occupancy Date 01/01/2017
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange
Proven Store Success | Larger SF Relocation Store
Marketing description
•Prime downtown location with a strong, established customer base
•High-visibility site along a major thoroughfare
•Relocation store with proven market performance and a strong likelihood of renewal
•Attractive lower-rent structure offering a compelling price point
•Larger Dollar General prototype designed to capture incremental market demand
Listing Contacts
Listed by SWE Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,863.00
$8,655.25/mo
Valuation Metrics
0
DSCR
6.85%
Cap Rate
6.85%
ROI
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