Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners South Florida
$1,133,143
Dollar General - Castalia OH
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,026
Cap Rate 7%
NOI $79,320
Tenancy Single
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 05/31/2035
Remaining Term 9
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $126
Year Built 2015
Acreage 2.000
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/13/2015
Ground Lease No
Retail | 7.00% CAP | 9,026 SqFt
Investment highlights
- 10-Year Operating History | 9+ Years Remaining | Corporate Guaranteed | Recent Extension
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Margaretta High School | Toursim Hub | Seasonal Demand Excellent Visibility & Access
- Local Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,320.00
$6,610.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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