Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners South Florida
$1,157,657
Dollar General - Lakeside OH
Details
APN 014-11718-15676-005
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,170
Cap Rate 7%
NOI $81,036
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 05/31/2035
Remaining Term 9
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $126
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 1.230
Zoning Commercial
Parking Spaces 36 spaces
Parking Per SqFt 3.93
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/10/2015
Ownership Fee Simple
Retail | 7.00% CAP | 9,170 SqFt
Investment highlights
10-Year Operating History | 9+ Years Remaining | Corporate Guaranteed | Recent Extension
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Tourism Corridor | Seasonal Demand | 13M+ Annual Visitors | Excellent Visibility & Access
Local Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,036.00
$6,753.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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