Listed by Northmarq Capital, LLC
$1,950,000
Dollar General
Details
Property Type Retail
Sub Type Grocery Store, Storefront
Square Footage 10,566
Net Rentable (SqFt) 10,566
Cap Rate 6.75%
NOI $131,604
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options Five (5), Five (5) Year Options
Price per SqFt $185
Year Built 2025
Buildings 1
Stories 1
Acreage 1.500
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/26/2025
Ownership Fee Simple
Brand New 2025 Construction | Abs NNN with Rent Increases
Investment highlights
- Investment Grade Tenant | S&P: BBB/Stable
- 2025 Construction
- Absolute NNN Lease | No Landlord Responsibilities
- Renewal Options | 5, 5-Year Options
- Attractive Rental Increases | 5% Increases Every 5 Years
- Located on Highway 16
Listing Contacts
Listed by Northmarq Capital, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$131,604.00
$10,967.00/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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