Discount
New Construction Dollar General | New 15 Year Abs. Net Lease
5 State Hwy T, Foristell, MO 63348
Listing Price: $1,673,875
Cap Rate
5.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$8.89
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General, located in Foristell, OH.
New Construction Dollar General | New 15 Year Abs. Net Lease
Investment Highlights
- New Construction Dollar General Location With a New 15-Year Absolute Net Lease, Expected to Open February 2023
- No Landlord Responsibilities | Corporately Guaranteed Lease by Dollar General (NYSE: DG)
- Five, Five-Year Renewal Options with 10 Percent Rental Increases in Each Option
- Located Just off of Interstate 70 Seeing 30,700+ VPD With Visibility From Interstate | 40 Minutes from Downtown St. Louis
- Strong Demographics: Population of 33,382+ Within Five-Miles | 11,400+ Households within Five-Miles
Discount
New Construction Dollar General | New 15 Year Abs. Net Lease
Listing Price: $1,673,875
Cap Rate
5.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$8.89
Investment Highlights
- New Construction Dollar General Location With a New 15-Year Absolute Net Lease, Expected to Open February 2023
- No Landlord Responsibilities | Corporately Guaranteed Lease by Dollar General (NYSE: DG)
- Five, Five-Year Renewal Options with 10 Percent Rental Increases in Each Option
- Located Just off of Interstate 70 Seeing 30,700+ VPD With Visibility From Interstate | 40 Minutes from Downtown St. Louis
- Strong Demographics: Population of 33,382+ Within Five-Miles | 11,400+ Households within Five-Miles
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General, located in Foristell, OH.
