Listed by Trinity Real Estate Investment Services, Bang Realty
$670,535
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,014
Cap Rate 9.00%
NOI $60,348
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Term 20
Lease Expiration 08/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options Four (4), 5-Year; 7%
Price per SqFt $74
Class B
Year Built 2008
Acreage 1.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/01/2008
Ground Lease No
Ownership Fee Simple
Retail | 9.00% CAP | 9,014 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in West Liberty, KY. It is a low price point Dollar General with 2+ years remaining on current term. This is available for individual purchase or as a part of a larger portfolio.
Property Website: https://trinityreis.com/listing/555-prestonsburg-st-2/
In cooperation with Brian Brockman at Bang Realty. Inc | KY #204982 | [email protected] | (513) 898-1551
Investment highlights
- Low Price Point Dollar General in West Liberty, KY With 2+ Years Remaining on Current Term
- NN Lease With Minimal Landlord Responsibilities - Only for HVAC, Parking Lot, Roof & Structure
- 7% Rent Increases in the Option Periods
- Highly Visible Frontage on Prestonsburg St With 8,000+ Vehicles Passing Daily
- Backed by Dollar General's Corporate Guarantee, an Investment-Grade Retailer Operating Over 21,000 Locations Nationwide
- Available for Individual Purchase or as Part of a Larger Portfolio - Contact Agent for More Details
Listing Contacts
Listed by Trinity Real Estate Investment Services, Bang Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,348.00
$5,029.00/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
