Listed by Bang Realty, Trinity Real Estate Investment Services
$944,000
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,014
Cap Rate 8.25%
NOI $77,880
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Term 23.9
Lease Expiration 10/31/2031
Remaining Term 5.4
Rent Bumps Yes
Lease Options Four (4), 5-Year; 10%
Price per SqFt $105
Year Built 2007
Acreage 1.010
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 12/01/2007
Ground Lease No
Retail | 8.25% CAP | 9,014 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Arcadia, LA. This property is a low price point store with 5+ years remaining on the current NN Lease term, featuring 10% rent increases in the option periods.
Property Website: https://trinityreis.com/listing/1192-hazel-st/
Investment highlights
- Low Price Point Dollar General in Arcadia, LA
- NN Lease With 5+ Years Remaining on Current Term
- 10% Rent Increases in the Option Periods
- In Operation Since 2007 - Showing Strong Tenant Commitment to Location
- Highly Visible Frontage on Hwy 151 With Nearly 10,000 Vehicles Passing Daily, Easy Access From Interstate 20 Boasting 39,000+ VPD
- Positioned Adjacent to McDonald’s and Near Other Retail and Dining Options, Enhancing Visibility and Customer Draw
- Backed by Dollar General’s Corporate Guarantee, an Investment-Grade Retailer Operating Over 20,000 Locations Nationwide
Listing Contacts
Listed by Bang Realty, Trinity Real Estate Investment Services
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$77,880.00
$6,490.00/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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