Listed by SRS Real Estate Partners Newport Beach
$1,714,000
Dollar General
Details
APN #3A
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,100
Cap Rate 6.65%
NOI $114,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/01/2041
Remaining Term 15
Lease Options 5 (5-Year)
Price per SqFt $188
Year Built 2026
Buildings 1
Stories 1
Acreage 2.270
Zoning None
Parking Spaces 30 spaces
Parking Per SqFt 3.30
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2026
Ground Lease No
Ownership Fee Simple
Brand New 15-Year Lease | New Construction | Scheduled Rental Increases
Marketing description
• The subject property benefits from limited competition in the immediate area, making the site the most convenient store for travelers and locals
• The asset is located along Scottsville Rd which averages 5,600 VPD
• The site has excellent visibility via significant street frontage
Investment highlights
- Brand New 15-Year Lease | Scheduled Rental Increases | New Construction
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Limited Competition | Along Scottsville Rd | Excellent Visibility
- Strong Demographics in 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,000.00
$9,500.00/mo
Valuation Metrics
0
DSCR
6.65%
Cap Rate
6.65%
ROI
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