Sold Subscription Required
| Price $1,387,000 | Built/Renov 2023 | Tenant Dollar General |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,640
| Lease Start
07-01-2023
| #Units
19,986
|
| Price/SF $130.36 | Expiration
06-30-2038
| Tenant Type Dollar/Discount |
| NOI $88,768 | R. Term 13.7 | Ownership Fee Simple |
| Rent/SF
$8.34
| Increases 10.0%/15/yrs | Pop 5Mi 3,696 |
| Lot/AC 1.78 | Options 5/5yrs/10% | AHHI 5Mi $85,193 |
| | |
This newly built Dollar General is strategically located along Grand Ledge Highway with clear visibility and access to an average of 6,400 vehicles passing by daily. Surrounding tenants include Sabersmith Inc., Caterpillar Clubhouse, Mapes Furniture, Quality Hardwoods Inc., and others. The neighboring regional tenant presence drives a steady stream of consumers and promotes crossover store...
...New construction
Strategically located
Highway location
Affluent suburb location
Major MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Traded and rated company
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 : | 646 | 1,657 | 3,595 |
| 2023 Total Population : | 659 | 1,683 | 3,643 |
| 2023 Employed Civilian Pop : | 256 | 704 | 1,608 |
| 2023 Total Businesses : | 32 | 51 | 94 |
| 2023 Average Household Income : | $ 76,249 | $ 81,944 | $ 90,111 |
| 2023 Total Consumer Spending : | $ 18 M | $ 48 M | $ 111 M |
| 2023 Median Age : | 40 | 41 | 42 |
| 2023 Total Households : | 280 | 680 | 1,432 |
| 2023 Pop Age 25+: Bachelor's Degree : | 46 | 132 | 357 |
| 2023 Average Home Value : | $ 254,894 | $ 240,219 | $ 244,102 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| BETWEEN M-43 AND KENT (IN SUNFIELD) | 2021 | 1,745 | 0.22 mi | |
| 1ST ST | Kent St | 2020 | 1,578 | 0.22 mi |
| W Grand Ledge Hwy | 2021 | 704 | 0.47 mi | |
| 3RD ST | Kent St | 2020 | 693 | 0.47 mi |
| Sunfield Rd | 1st St | 2008 | 705 | 0.55 mi |
| M 43 | 3rd St | 2021 | 4,067 | 0.78 mi |
| West Grand Ledge Highway | 2019 | 4,107 | 0.78 mi | |
| 1st St | Main St | 2010 | 824 | 0.91 mi |
| Round Lake Rd | E Eaton Hwy | 2005 | 107 | 1.05 mi |
| Grand Ledge Hwy | Round Lake Rd | 2015 | 3,400 | 1.08 mi |
Caledonia, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,301
Anderson, SC
Cap Rate 7.25%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,320
Beaumont, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,026
Saltsburg, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 10,640
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 9,100
Bitely, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Falls Creek, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Wonder Lake, IL
Cap Rate 7.25%
Lease NN+
R. Term 8.60 yrs
Size/SF 12,300
Sturgis, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Athens, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.80 yrs
Size/SF 10,640
Reidsville, NC
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 8,320
Mendenhall, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,237
Kittanning, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 10,640
Harrisville, PA
Cap Rate 7.26%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,028
Iron River, WI
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.50 yrs
Size/SF 9,100
Josephine, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 10,640
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 9,100
Magazine, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,026
Ripley, OH
Cap Rate 7.25%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 9,214
Hopewell, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.70 yrs
Size/SF 10,640
Ortonville, MN
Cap Rate 7.25%
Lease Double NN
R. Term 9.11 yrs
Size/SF 11,628
Humnoke, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 9,002
Lansing, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 10,640
Livingston, TX
Cap Rate 6.49%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,026
Livingston, IL
Cap Rate 6.75%
Lease NN+
R. Term 9.30 yrs
Size/SF 9,002
Bostic, NC
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 9,100
Birmingham, AL
Cap Rate 7.35%
Lease Abs NNN
R. Term 3.20 yrs
Size/SF 9,026
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Brodhead, KY
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.00 yrs
Size/SF 9,100
Marion, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,100
Sligo, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 9,100
Provencal, LA
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,014
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,026
Strawberry Plains, TN
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.40 yrs
Size/SF 9,750
Waterflow, NM
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Lilly, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 10,640
Seward, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Weidman, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
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]
.jpg)
.jpg){kind=link}
