loader
Join Free
Views: 113 DOM: 23 Updated: 10.06.24 Posted: 09.25.24 Status: Active

Summary

Price $2,500,346
Built/Renov 2024
Tenant Dollar General Market
Cap Rate 6.35%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 10,640
Lease Start 12-09-2024
#Units 19,986
Price/SF $234.99
Expiration 12-31-2039
Tenant Type Dollar/Discount
NOI $158,772
R. Term 15.2
Ownership Fee Simple
Rent/SF $14.92
Increases 5.0%/5/yrs
Pop 5Mi 3,156
Lot/AC 1.49
Options 5/5yrs/5%
AHHI 5Mi $62,273

Lease Highlights

  • 2024 BTS construction | Plus size footprint
  • Brand new 15-year lease with 5 (5-year) options to extend
  • 5% rent increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant

Location Description

Dollar General Market is strategically located on Washington Street, with access to 4,019 vehicles passing by daily. The property is surrounded by prominent national tenants, including Walmart, Pizza Hut, Dunkin', Tractor Supply Co., Wendy's, and more. The 5-mile trade area serves a population of 3,156 residents with an average household income of $62,273. Chipley, the county seat of...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About 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...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity