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| Price $899,000 | Built/Renov 1996 | Tenant Dollar General |
| Cap Rate 7.74% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
8,700
| Lease Start
06-01-1996
| #Units
19,294
|
| Price/SF $103.33 | Expiration
05-31-2029
| Tenant Type Dollar/Discount |
| NOI $69,600 | R. Term 4.8 | Ownership Fee Simple |
| Rent/SF
$8.00
| Increases 10.0%/5/yrs | Pop 5Mi 10,798 |
| Lot/AC 1.22 | Options 2/5yrs/10% | AHHI 5Mi $55,628 |
| | |
Dollar General is strategically located at the signalized, hard corner intersection of W Cherokee Ave and Kerr Blvd with a combined traffic count of 23,400 vehicles passing by daily. The subject property has significant street frontage and multiple points of access, providing ease and convenience for customers. Additionally, the store benefits from its proximity to Interstate 40 (22,300 VPD)...
...Signalized intersection
New roof
In location for years
Freeway close
Highway location
Major MSA
Limited competition
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 : | 3,375 | 8,628 | 10,671 |
| 2023 Total Population : | 3,427 | 8,765 | 10,798 |
| 2023 Employed Civilian Pop : | 1,174 | 3,241 | 4,030 |
| 2023 Total Businesses : | 197 | 484 | 511 |
| 2023 Average Household Income : | $ 52,283 | $ 54,350 | $ 55,628 |
| 2023 Total Consumer Spending : | $ 63 M | $ 167 M | $ 212 M |
| 2023 Median Age : | 35 | 39 | 40 |
| 2023 Total Households : | 1,350 | 3,461 | 4,277 |
| 2023 Pop Age 25+: Bachelor's Degree : | 211 | 788 | 948 |
| 2023 Average Home Value : | $ 124,274 | $ 136,032 | $ 139,945 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Cherokee Avenue | Cherokee Ave | 2019 | 6,500 | 0.15 mi |
| South Kerr Boulevard | N Kerr Blvd | 2019 | 10,300 | 0.16 mi |
| West Cherokee Avenue | N Roosevelt St | 2019 | 12,000 | 0.27 mi |
| E1070 Road | N Rogers St | 2019 | 780 | 0.30 mi |
| North J T Stites Street | Cherokee Ave | 2019 | 1,900 | 0.31 mi |
| Kerr Blvd | S Kerr Blvd | 2003 | 11,400 | 0.40 mi |
| North Washington Street | W Choctaw Ave | 2019 | 1,200 | 0.48 mi |
| West Redwood Avenue | N Hickory St | 2019 | 1,600 | 0.63 mi |
| Cherokee Ave | Shiloh Rd | 2003 | 5,800 | 0.64 mi |
| West Creek Avenue | S Ash St | 2019 | 170 | 0.64 mi |
McKenzie, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 6.20 yrs
Size/SF 7,500
Princeville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.90 yrs
Size/SF 9,014
Caseville, MI
Cap Rate 7.50%
Lease Double NN
R. Term 3.80 yrs
Size/SF 9,014
Lewiston Woodville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.30 yrs
Size/SF 9,014
Lone Grove, OK
Cap Rate 7.50%
Lease Double NN
R. Term 5.30 yrs
Size/SF 8,000
Leesville, LA
Cap Rate 8.00%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 9,026
Caledonia, MO
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.50 yrs
Size/SF 9,301
Waverly, NY
Cap Rate 7.00%
Lease Double NN
R. Term 4.20 yrs
Size/SF 9,100
Fort Cobb, OK
Cap Rate 7.75%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 9,014
Heber Springs, AR
Cap Rate 8.00%
Lease Abs NNN
R. Term 4.00 yrs
Size/SF 9,026
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 8.11 yrs
Size/SF 12,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
