| Price $1,133,333 | Built/Renov 1960/2022 | Tenant Dollar General |
| Cap Rate 7.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
11,000
| Lease Start
09-09-2022
| #Units
19,294
|
| Price/SF $103.03 | Expiration
09-30-2032
| Tenant Type Dollar/Discount |
| NOI $85,000 | R. Term 8.4 | Ownership Fee Simple |
| Rent/SF
$7.73
| Increases 10.0%/8/yrs | Pop 5Mi 99,326 |
| Lot/AC 0.67 | Options 5/5yrs/10% | AHHI 5Mi $78,162 |
| | |
This recently renovated 11,000 square-foot building benefits from its position just off US Highway 50 (20,000+ VPD) and its proximity to US Highway 54 (15,100+ VPD). The subject property is located several blocks from Lincoln University, which hosts over 4,000 students, and Capital Region Medical Center. Both facilities pull continual traffic through the corridor. There are over 44,900 people...
...New construction
Hard corner intersection
Strategically located
Highway close
Top 100 MSA
Strong demographics
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores. As of 2023, Dollar General operates more than 19,200 stores in 47 states and Mexico. The stores deliver everyday low...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,720 | 29,577 | 44,879 |
| 2023 Total Population : | 6,801 | 29,728 | 44,943 |
| 2023 Employed Civilian Pop : | 3,116 | 15,917 | 23,777 |
| 2023 Total Businesses : | 1,066 | 2,353 | 3,103 |
| 2023 Average Household Income : | $ 47,692 | $ 75,398 | $ 83,282 |
| 2023 Total Consumer Spending : | $ 124 M | $ 857 M | $ 1402 M |
| 2023 Median Age : | 33 | 39 | 40 |
| 2023 Total Households : | 2,963 | 13,064 | 19,437 |
| 2023 Pop Age 25+: Bachelor's Degree : | 476 | 5,035 | 8,054 |
| 2023 Average Home Value : | $ 168,798 | $ 218,240 | $ 240,223 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Atchison St | 2022 | 3,840 | 0.13 mi | |
| Rex M Whitton Expy | 2022 | 2,408 | 0.16 mi | |
| Rex M Whitton Expy | Jefferson St | 2019 | 15,968 | 0.20 mi |
| Rex M Whitton Expressway | Jefferson St | 2018 | 15,810 | 0.20 mi |
| Jefferson St | Rex M Whitton Expy | 2019 | 19,575 | 0.20 mi |
| Rex M Whitton Expressway | Rex M Whitton Expy | 2022 | 20,087 | 0.20 mi |
| Alley Aly | 2022 | 4,049 | 0.23 mi | |
| Tyler St | 2022 | 1,128 | 0.28 mi | |
| Rex M Whitton Expy | 2022 | 1,051 | 0.28 mi | |
| E Franklin St | 2022 | 3,151 | 0.30 mi |
Sulphur Springs, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.60 yrs
Size/SF 9,242
Jennings, LA
Cap Rate 6.75%
Lease Abs NNN
R. Term 8.40 yrs
Size/SF 9,026
Ford City, PA
Cap Rate 8.25%
Lease NN+
R. Term 5.60 yrs
Size/SF 8,650
Riegelwood, NC
Cap Rate 7.50%
Lease Double NN
R. Term 3.80 yrs
Size/SF 9,180
Atwater, MN
Cap Rate 7.50%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,100
Cardington, OH
Cap Rate 7.51%
Lease Double NN
R. Term 10.60 yrs
Size/SF 9,180
Wichita, KS
Cap Rate 8.10%
Lease Double NN
R. Term 4.50 yrs
Size/SF 8,320
Little Chute, WI
Cap Rate 7.35%
Lease NN+
R. Term 4.10 yrs
Size/SF 9,525
Pickens, MS
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.60 yrs
Size/SF 9,232
Springfield, IL
Cap Rate 7.50%
Lease NN+
R. Term 9.90 yrs
Size/SF 11,000
Yadkinville, NC
Cap Rate 7.00%
Lease NN+
R. Term 6.00 yrs
Size/SF 9,077
Memphis, TN
Cap Rate 7.50%
Lease Double NN
R. Term 2.11 yrs
Size/SF 10,125
Fox Lake, WI
Cap Rate 6.80%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 7,529
Germantown, IL
Cap Rate 6.85%
Lease Double NN
R. Term 5.60 yrs
Size/SF 9,014
Fort Covington, NY
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.30 yrs
Size/SF 9,219
Brohman, MI
Cap Rate 7.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 9,413
Burkesville, KY
Cap Rate 6.70%
Lease Double NN
R. Term 2.80 yrs
Size/SF 12,000
Deer River, MN
Cap Rate 7.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 9,100
South Haven, MI
Cap Rate 7.05%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 10,616
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,100
Port Gibson, MS
Cap Rate 7.50%
Lease NN+
R. Term 8.11 yrs
Size/SF 11,000
Shuqualak, MS
Cap Rate 7.25%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 9,090
Lucedale, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.90 yrs
Size/SF 9,130
Toms Brook, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.00 yrs
Size/SF 9,026
Richton, MS
Cap Rate 7.25%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,244
Carthage, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,099
Chinquapin, NC
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.50 yrs
Size/SF 8,320
Louisville, KY
Cap Rate 7.00%
Lease Double NN
R. Term 7.90 yrs
Size/SF 8,025
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
