Discount
Dollar General MARKET | Adjacent Mercedes-Benz Plant
10909 Public Safety Drive, Vance, AL 35490
Listing Price: $2,926,000
Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.53
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Dollar General MARKET | Adjacent Mercedes-Benz Plant
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | MAY OPENING
- NEWER DG MARKET STORE CONCEPT | 12,687+/- SF BUILDING
- RARE RELOCATION STORE | EVIDENCE OF STRONG SUCCESS
- JUST 1 MILE FROM MERCEDES-BENZ MANUFACTURING PLANT
- MBUSI HAS, SO FAR, INVESTED MORE THAN $6 BILLION
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General MARKET | Adjacent Mercedes-Benz Plant
Listing Price: $2,926,000
Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.53
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | MAY OPENING
- NEWER DG MARKET STORE CONCEPT | 12,687+/- SF BUILDING
- RARE RELOCATION STORE | EVIDENCE OF STRONG SUCCESS
- JUST 1 MILE FROM MERCEDES-BENZ MANUFACTURING PLANT
- MBUSI HAS, SO FAR, INVESTED MORE THAN $6 BILLION
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
