Listed by CBRE - Saddle Brook
$1,980,080
Dollar General - Winter Haven, FL
Details
APN 272829000000032030
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,014
Units 1
Cap Rate 7.25%
NOI $143,556
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/30/2030
Remaining Term 4.5
Rent Bumps Yes
Lease Options Two 5-Year
Price per SqFt $220
Year Built 2010
Stories 1
Acreage 1.060
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/23/2010
Ground Lease No
Ownership Fee Simple
Absolute Net | Recent Lease Extension | Strong Demos
Investment highlights
- Absolute Net Lease with No Landlord Responsibilities
- Corporate Guarantee with Investment Grade Credit Tenant
- Scheduled Rent Increases in each Option
- Recent Lease Extension Showing Tenant’s Commitment to the Site
- Excellent Access and Visibility with 25,000 Vehicles Per Day
- Strong Demographics | Over 77,000 People Residing within Five Miles
- Top Ranked Location | Ranked in the Top 13% of Dollar General Locations Nationally (Placer.ai)
Listing Contacts
Listed by CBRE - Saddle Brook
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,556.00
$11,963.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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