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| Price $1,149,000 | Built/Renov 2009 | Tenant Dollar General |
| Cap Rate 6.85% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
9,014
| Lease Start
12-01-2009
| #Units
19,986
|
| Price/SF $127.47 | Expiration
11-30-2029
| Tenant Type Dollar/Discount |
| NOI $78,726 | R. Term 5.0 | Ownership Fee Simple |
| Rent/SF
$8.73
| Increases 0.0%/0/yrs | Pop 5Mi 10,520 |
| Lot/AC 1.43 | Options 3/5yrs | AHHI 5Mi $98,071 |
| | |
Dollar General is strategically located at the hard corner intersection of Lake Park Drive (State Hwy 161), and Drive In Road with clear visibility and access to 5,900 vehicles passing by daily. Lake Park Drive is the main commuter route for the town and provides direct access to neighboring towns. The site benefits from limited competition as it is among the very few variety stores in the...
...Hard corner intersection
In location for years
Highway location
Affluent suburb location
Long operation history
Recently extended lease
Limited competition
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 : | 870 | 2,026 | 10,483 |
| 2023 Total Population : | 840 | 1,972 | 10,520 |
| 2023 Employed Civilian Pop : | 420 | 1,001 | 5,464 |
| 2023 Total Businesses : | 49 | 65 | 445 |
| 2023 Average Household Income : | $ 94,573 | $ 96,767 | $ 98,071 |
| 2023 Total Consumer Spending : | $ 29 M | $ 64 M | $ 349 M |
| 2023 Median Age : | 42 | 41 | 40 |
| 2023 Total Households : | 354 | 768 | 4,079 |
| 2023 Pop Age 25+: Bachelor's Degree : | 128 | 289 | 1,342 |
| 2023 Average Home Value : | $ 187,543 | $ 191,405 | $ 194,593 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Lake Park Dr | Dr in Rd | 2011 | 4,800 | 0.10 mi |
| Lake Park Dr | Leo St | 2009 | 4,450 | 0.41 mi |
| Sycamore St | Leo St | 2010 | 1,100 | 0.44 mi |
| Green St | Church St | 2010 | 325 | 0.54 mi |
| IL 161 | Leo St | 2021 | 4,550 | 0.65 mi |
| Drive in Rd | Wesclin Rd | 2010 | 700 | 0.67 mi |
| Prairie St | Main St | 2010 | 125 | 0.72 mi |
| Sycamore St | Prairie St | 2010 | 1,100 | 0.74 mi |
| Munster St | Sycamore St | 2010 | 1,150 | 0.78 mi |
| Munster St | Clinton St | 2010 | 600 | 0.80 mi |
Mendenhall, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,237
Richton, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 9,244
Radford, VA
Cap Rate 7.50%
Lease Abs NNN
R. Term 5.70 yrs
Size/SF 9,026
Lucedale, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,130
Cardington, OH
Cap Rate 7.51%
Lease Double NN
R. Term 10.10 yrs
Size/SF 9,180
Louisville, KY
Cap Rate 7.25%
Lease Double NN
R. Term 7.20 yrs
Size/SF 8,025
Southside, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 9,100
Phenix City, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.80 yrs
Size/SF 9,100
Carthage, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 9,099
Burkesville, KY
Cap Rate 6.70%
Lease Double NN
R. Term 2.20 yrs
Size/SF 12,000
Riegelwood, NC
Cap Rate 7.75%
Lease Double NN
R. Term 3.40 yrs
Size/SF 9,180
Gurley, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 9,100
Jasper, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 9.11 yrs
Size/SF 9,230
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,100
Ellisville, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.40 yrs
Size/SF 9,226
Garfield, GA
Cap Rate 7.60%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,100
Pinola, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.40 yrs
Size/SF 9,139
Lonoke, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,014
Vinemont, AL
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 9,100
Deer River, MN
Cap Rate 7.75%
Lease Abs NNN
R. Term 8.00 yrs
Size/SF 9,100
Shuqualak, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,090
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
