Discount
Dollar General PLUS | Upgraded Construction
81 Highway 36, Chelsea, AL 35043
Listing Price: $2,010,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$188.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.34
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 PLUS | Upgraded Construction
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | AUGUST OPENING
- DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
- RARE UPGRADED CONSTRUCTION
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- CORNER LOCATION | HIGHWAY 36 AND HIGHWAY 39
- GOOD DEMOGRAPHICS | 20,000+/- IN 5-MILE RADIUS
- APPROVED FOR ABC BEER AND TABLE WINE LICENSE (OFF-PREMISES ONLY)
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,010,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$188.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.34
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | AUGUST OPENING
- DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
- RARE UPGRADED CONSTRUCTION
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- CORNER LOCATION | HIGHWAY 36 AND HIGHWAY 39
- GOOD DEMOGRAPHICS | 20,000+/- IN 5-MILE RADIUS
- APPROVED FOR ABC BEER AND TABLE WINE LICENSE (OFF-PREMISES ONLY)
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
