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| Price $1,000,000 | Built/Renov 1960/2022 | Tenant Dollar General |
| Cap Rate 8.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
11,000
| Lease Start
09-09-2022
| #Units
19,986
|
| Price/SF $90.91 | Expiration
09-30-2032
| Tenant Type Dollar/Discount |
| NOI $85,000 | R. Term 7.10 | 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 . 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 : | 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 |
Carthage, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 9,099
Fort Cobb, OK
Cap Rate 7.75%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 9,014
Macon, GA
Cap Rate 7.50%
Lease Double NN
R. Term 0.20 yrs
Size/SF 8,000
Augusta, WI
Cap Rate 8.50%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 8,359
Saint Gabriel, LA
Cap Rate 9.00%
Lease NN+
R. Term 3.70 yrs
Size/SF 8,320
Atwater, MN
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Pickens, MS
Cap Rate 8.10%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,232
Brohman, MI
Cap Rate 8.10%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,413
Simsboro, LA
Cap Rate 7.50%
Lease Double NN
R. Term 4.80 yrs
Size/SF 8,320
Gurley, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 9,100
Grayville, IL
Cap Rate 8.50%
Lease Double NN
R. Term 8.10 yrs
Size/SF 12,000
Brohman, MI
Cap Rate 8.00%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,413
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
Wichita, KS
Cap Rate 8.10%
Lease Double NN
R. Term 4.10 yrs
Size/SF 8,320
Leesville, LA
Cap Rate 8.00%
Lease Abs NNN
R. Term 5.80 yrs
Size/SF 9,026
Schroon Lake, NY
Cap Rate 8.10%
Lease Double NN
R. Term 9.50 yrs
Size/SF 9,184
Garfield, GA
Cap Rate 7.60%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,100
Lucedale, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,130
Southside, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 9,100
Breaux Bridge, LA
Cap Rate 9.50%
Lease NN+
R. Term 3.70 yrs
Size/SF 8,320
Russells Point, OH
Cap Rate 7.56%
Lease Double NN
R. Term 1.20 yrs
Size/SF 15,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
