Listed by Exclusive Realty
$2,504,123
Dollar General Market
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 12,480
Net Rentable (SqFt) 12,480
Cap Rate 6.5%
NOI $162,768
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General Market
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2039
Remaining Term 13
Rent Bumps Yes
Lease Options 5 (5) Year Options
Price per SqFt $201
Year Built 2024
Buildings 1
Stories 1
Acreage 3.210
Zoning C-2
Parking Spaces 30 spaces
Parking Per SqFt 2.40
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2024
Retail | 6.50% CAP | 12,480 SqFt
Investment highlights
NNN Lease/Zero landlord responsibilities; tenant handles taxes, insurance and all maintenance
Strong corporate guarantee from Dollar General (NYSE: DG)
New Generation of Lease - Rent Bumps DURING the Primary Term
Newly built in 2024
Located on a high-traffic thoroughfare
Strategic location and tenant commitment ensure resilience against economic shifts
Ranked in the 91% Nationwide and Statewide for Store Visits per Placer.ai
Listing Contacts
Listed by Exclusive Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,768.00
$13,564.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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