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| Price $1,602,119 | Built/Renov 2023 | Tenant Dollar General Plus |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,287
| Lease Start
09-23-2023
| #Units
19,986
|
| Price/SF $155.74 | Expiration
09-30-2038
| Tenant Type Dollar/Discount |
| NOI $108,143 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$10.51
| Increases 10.0%/13/yrs | Pop 5Mi 7,975 |
| Lot/AC 3.33 | Options 5/5yrs/10% | AHHI 5Mi $77,711 |
| | |
Dollar General is strategically located at the hard corner intersection of North Reynolds Road and Honor Highway, with access to a combined daily traffic count of 10,287 vehicles. The property is situated just 6 miles from Interlochen Center for the Arts, 17 miles from downtown Traverse City, and 18 miles from Cherry Capital Airport. The 5-mile trade area is supported by a population of 7,975...
...New construction
Hard corner intersection
Build to suit
Dense retail corridor
Near major nationals
Absolute NNN
Long 10+ yr 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 | |
| 2029 Total Population : | 506 | 2,997 | 9,085 |
| 2024 Total Population : | 491 | 2,915 | 8,943 |
| 2024 Employed Civilian Pop : | 253 | 1,504 | 5,058 |
| 2024 Total Businesses : | 19 | 64 | 212 |
| 2024 Average Household Income : | $ 89,678 | $ 94,956 | $ 100,364 |
| 2024 Total Consumer Spending : | $ 14 M | $ 97 M | $ 302 M |
| 2024 Median Age : | 45 | 44 | 42 |
| 2024 Total Households : | 187 | 1,175 | 3,438 |
| 2024 Pop Age 25+: Bachelor's Degree : | 67 | 405 | 1,195 |
| 2024 Average Home Value : | $ 297,576 | $ 304,468 | $ 349,001 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Honor Highway | Lamerson Ln | 2022 | 10,058 | 0.99 mi |
| Bendon Road | 1st St | 2022 | 575 | 2.26 mi |
Fairfax, OK
Cap Rate 7.75%
Lease NN+
R. Term 9.60 yrs
Size/SF 10,500
Goshen, IN
Cap Rate 6.20%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,000
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 9,100
Osage City, KS
Cap Rate 7.50%
Lease Abs NNN
R. Term 4.30 yrs
Size/SF 12,406
Lansing, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 10,640
Hastings, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,566
Gassville, AR
Cap Rate 7.00%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Mathiston, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 10,806
Hemlock, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.30 yrs
Size/SF 9,100
Baton Rouge, LA
Cap Rate 7.50%
Lease NN+
R. Term 10.30 yrs
Size/SF 10,000
Sharon, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,566
Pine Bluff, AR
Cap Rate 7.15%
Lease NN+
R. Term 9.80 yrs
Size/SF 10,500
Callao, VA
Cap Rate 7.00%
Lease Double NN
R. Term 8.50 yrs
Size/SF 16,100
Comanche, OK
Cap Rate 6.60%
Lease Double NN
R. Term 8.50 yrs
Size/SF 10,500
Hickman, KY
Cap Rate 7.15%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Butlerville, IN
Cap Rate 7.10%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,566
Mexico, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 9,026
Burgess, VA
Cap Rate 6.75%
Lease Double NN
R. Term 8.70 yrs
Size/SF 10,352
Crab Orchard, KY
Cap Rate 7.40%
Lease Double NN
R. Term 8.11 yrs
Size/SF 10,500
Fowlerville, MI
Cap Rate 6.40%
Lease NN+
R. Term 14.50 yrs
Size/SF 10,640
Spiro, OK
Cap Rate 7.15%
Lease NN+
R. Term 8.60 yrs
Size/SF 10,500
Vandalia, MO
Cap Rate 7.10%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 12,668
New Middletown, IN
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Merryville, LA
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Marlette, MI
Cap Rate 7.50%
Lease NN+
R. Term 9.00 yrs
Size/SF 10,500
Porterdale, GA
Cap Rate 7.75%
Lease NN+
R. Term 8.11 yrs
Size/SF 9,180
Beckemeyer, IL
Cap Rate 6.75%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 10,566
Pontiac, MI
Cap Rate 6.75%
Lease Double NN
R. Term 2.10 yrs
Size/SF 9,750
Clarkton, MO
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 12,687
Andalusia, AL
Cap Rate 7.75%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Grand Bay, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,542
Mondovi, WI
Cap Rate 7.50%
Lease NN+
R. Term 9.00 yrs
Size/SF 15,984
Dublin, VA
Cap Rate 7.25%
Lease Double NN
R. Term 8.10 yrs
Size/SF 10,000
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 9,100
Vandalia, MO
Cap Rate 6.85%
Lease NN+
R. Term 14.00 yrs
Size/SF 12,688
Fort Deposit, AL
Cap Rate 7.75%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Bloomfield, NY
Cap Rate 6.40%
Lease Abs NNN
R. Term 10.90 yrs
Size/SF 9,211
Ortonville, MN
Cap Rate 7.25%
Lease Double NN
R. Term 9.70 yrs
Size/SF 11,628
Oak Hill, OH
Cap Rate 7.50%
Lease Double NN
R. Term 8.10 yrs
Size/SF 10,500
Lilly, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 10,640
Roan Mountain, TN
Cap Rate 7.15%
Lease Double NN
R. Term 9.11 yrs
Size/SF 10,500
Greers Ferry, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.00 yrs
Size/SF 10,566
Galway, NY
Cap Rate 6.40%
Lease Abs NNN
R. Term 10.00 yrs
Size/SF 9,400
Seward, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Spencer, TN
Cap Rate 7.30%
Lease Double NN
R. Term 8.40 yrs
Size/SF 10,500
Choudrant, LA
Cap Rate 7.75%
Lease NN+
R. Term 9.70 yrs
Size/SF 10,531
Patterson, MO
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,640
Kittanning, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 10,640
Brookfield, MA
Cap Rate 7.75%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,002
University Park, IL
Cap Rate 6.55%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Gibson, NC
Cap Rate 6.45%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 10,640
Hooks, TX
Cap Rate 6.69%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Hopewell, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.70 yrs
Size/SF 10,640
Cass City, MI
Cap Rate 7.50%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Williford, AR
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
