Skip to main content

Discount

Dollar General

388 N Main St, Heppner, OR 97836

Listing Price: $2,851,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
9,002
Lease Type
Absolute Net
Rent Per Square Feet
$15.83

Investment Overview

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale a brand new build Dollar General. The Property benefits from being located in the heart of Heppner, OR which sits on the intersection of HWY 74 and HWY 206. The Property features 15 years of new lease term and is guaranteed by DG Retail, LLC. The lease type is Absolute NNN with the Landlord having no management or repair responsibilities. Dollar General operated 17,000 + stores in 46 states as of April 2021 and has 31 years of proven consecutive same-store sales growth through FY2021.

Investment Highlights

  • NEW CONSTRUCTION / LONG TERM 15-YEAR LEASE
  • ABSOLUTE NNN LEASE
  • DOLLAR GENERAL CONTINUOUS GROWTH
  • RECESSION PROOF / ESSENTIAL TENANT
  • CORPORATE GUARANTEE / NATIONAL TENANT
  • LIMITED DOLLAR STORE COMPETITION
  • STRATEGICALLY LOCATED / PRIME FRONTAGE

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s) OR: 201209561

    Oregon

Discount

Dollar General

Listing Price: $2,851,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
9,002
Lease Type
Absolute Net
Rent Per Square Feet
$15.83

Investment Highlights

  • NEW CONSTRUCTION / LONG TERM 15-YEAR LEASE
  • ABSOLUTE NNN LEASE
  • DOLLAR GENERAL CONTINUOUS GROWTH
  • RECESSION PROOF / ESSENTIAL TENANT
  • CORPORATE GUARANTEE / NATIONAL TENANT
  • LIMITED DOLLAR STORE COMPETITION
  • STRATEGICALLY LOCATED / PRIME FRONTAGE

Investment Overview

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale a brand new build Dollar General. The Property benefits from being located in the heart of Heppner, OR which sits on the intersection of HWY 74 and HWY 206. The Property features 15 years of new lease term and is guaranteed by DG Retail, LLC. The lease type is Absolute NNN with the Landlord having no management or repair responsibilities. Dollar General operated 17,000 + stores in 46 states as of April 2021 and has 31 years of proven consecutive same-store sales growth through FY2021.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s): OR: 201209561

    Oregon

MM Texture Background
MM Textured Background Lower