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__2042635464.png "RIPCO Real Estate")
| Price $925,000 | Built/Renov 2005/2023 | Tenant Dollar General |
| Cap Rate 7.94% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
9,014
| Lease Start
02-01-2006
| #Units
19,986
|
| Price/SF $102.62 | Expiration
04-30-2028
| Tenant Type Dollar/Discount |
| NOI $73,435 | R. Term 3.4 | Ownership Fee Simple |
| Rent/SF
$8.15
| Increases 12.0%/4/yrs | Pop 5Mi 5,797 |
| Lot/AC 0.92 | Options 2/5yrs/12% | AHHI 5Mi $85,321 |
| | |
Dollar General is strategically located on Chatburn Ave, which serves as the primary east-to-west thoroughfare, with access to 6,400 vehicles passing by daily. The property is surrounded by key attractions such as the Harlan Golf and Country Club, the Peterson Family Wellness Center, and the Lewis Family Aquatic Center. Prominent national tenants in the area include Dairy Queen, Burger King,...
...Recent renovation
In location for years
Major thoroughfare
Near major nationals
Strategically located
Affluent suburb location
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,058 | 5,436 | 5,836 |
| 2023 Total Population : | 4,118 | 5,427 | 5,824 |
| 2023 Employed Civilian Pop : | 2,060 | 2,815 | 3,045 |
| 2023 Total Businesses : | 349 | 414 | 438 |
| 2023 Average Household Income : | $ 96,701 | $ 97,441 | $ 97,722 |
| 2023 Total Consumer Spending : | $ 153 M | $ 198 M | $ 213 M |
| 2023 Median Age : | 46 | 46 | 46 |
| 2023 Total Households : | 1,827 | 2,342 | 2,503 |
| 2023 Pop Age 25+: Bachelor's Degree : | 583 | 749 | 802 |
| 2023 Average Home Value : | $ 175,399 | $ 190,811 | $ 196,442 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| IA 44 | 12th St | 2020 | 2,337 | 0.07 mi |
| Chatburn Avenue | 7th St | 2022 | 6,800 | 0.40 mi |
| IA 44 | College Pl | 2020 | 4,801 | 0.46 mi |
| Chatburn Avenue | 23rd St | 2022 | 3,960 | 0.56 mi |
| Chatburn Ave | Exchange St | 2018 | 4,330 | 0.60 mi |
| 23rd St | Industrial Pkwy N | 2018 | 4,630 | 0.91 mi |
| 23rd Street | Chatburn Ave | 2022 | 5,500 | 1.13 mi |
| US 59 | Cyclone Ave | 2020 | 7,436 | 1.25 mi |
| 23rd Street | Industrial Pkwy N | 2022 | 5,200 | 1.34 mi |
| US 59 | 23rd St | 2020 | 4,749 | 1.60 mi |
Simsboro, LA
Cap Rate 7.50%
Lease Double NN
R. Term 4.80 yrs
Size/SF 8,320
Grayville, IL
Cap Rate 8.50%
Lease Double NN
R. Term 8.10 yrs
Size/SF 12,000
Princeville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.60 yrs
Size/SF 9,014
Lewiston Woodville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.00 yrs
Size/SF 9,014
Caseville, MI
Cap Rate 7.50%
Lease Double NN
R. Term 3.70 yrs
Size/SF 9,014
Leesville, LA
Cap Rate 8.00%
Lease Abs NNN
R. Term 5.70 yrs
Size/SF 9,026
Lone Grove, OK
Cap Rate 7.50%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,000
Caledonia, MO
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,301
Staunton, IL
Cap Rate 7.80%
Lease Double NN
R. Term 4.40 yrs
Size/SF 9,014
Russells Point, OH
Cap Rate 7.56%
Lease Double NN
R. Term 1.20 yrs
Size/SF 15,700
Waverly, NY
Cap Rate 7.00%
Lease Double NN
R. Term 4.10 yrs
Size/SF 9,100
Jefferson City, MO
Cap Rate 8.50%
Lease NN+
R. Term 7.10 yrs
Size/SF 11,000
Oakland City, IN
Cap Rate 8.39%
Lease Double NN
R. Term 5.60 yrs
Size/SF 9,014
Monrovia, IN
Cap Rate 8.25%
Lease Double NN
R. Term 1.50 yrs
Size/SF 9,100
Sallisaw, OK
Cap Rate 7.74%
Lease Double NN
R. Term 5.40 yrs
Size/SF 8,700
Fort Cobb, OK
Cap Rate 7.75%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 9,014
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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__280740601.png "RIPCO Real Estate")
