Listed by Capacity Commercial Group
$2,058,685
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,100
Units 1
Cap Rate 7.00%
NOI $144,108
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Remaining Term 6.5
Price per SqFt $226
Class B
Year Built 2017
Acreage 2.910
Parking Spaces 30 spaces
Parking per 1,000 SqFt 3.30
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
FOR SALE | Free Standing Single Tenant NNN Lease Dollar General
Marketing description
Sale Price: $2,058,685
CAP Rate: 7.00%
NOI: $144,108
Size: 9,100 SF | 2.91 AC Lot
Parking: 30 Stalls
Built: 2017
Tenant: Dollar General
Investment highlights
- Stabilized Intersection on Hwy 99
- Limited local competition
- Build to Suit for Dollar General on 2.91 AC Site
- 3, 5-year options with 10% rent increases in each option
- Stable passive income backed by national credit tenant and corporate guaranty
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,108.00
$12,009.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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