Discount
Brand New Dollar General Plus | 15 Yr Investment Grade Credit | Tallahassee FL MSA | Growing Markets
20 E G F and A Dr, Quincy, FL 32351
Listing Price: $2,069,257
Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$10.21
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General Plus located in Quincy, FL. The city of Quincy is positioned within the Tallahassee MSA.
Brand New Dollar General Plus | 15 Yr Investment Grade Credit | Tallahassee FL MSA | Growing Markets
Investment Highlights
- Brand New 2022 Construction | Build-to-Suit Dollar General Plus With Upgraded Facade
- Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses | New 15 Year Lease | Commencing in November 2022
- Five, Five-Year Options with 10% Rental Increases | Potential for Long-Term Passive Income | Strong Guarantee | Lease is Backed by Dollar General Corporation
- Essential Business Stays Open During COVID-19 | Recognized by Forbes Magazine Among its Top 25 Corporate Responders to COVID-19
- Investment Grade Credit Tenant | S&P Rating: BBB | Dollar General is Ranked #91 on the Fortune 500 list as of June 2021 | Dollar General has 18,000+ Stores with Plans to Add 1,000+ Locations by 2025
- In December 2021, Dollar General Announced Plans to Expand its Footprint Internationally | In November 2021, Dollar General Announced Plans to Partner with DoorDash
- Located Along Bainbridge Road Seeing 4,026+ VPD | Quincy is Located Within Tallahassee MSA, 28 Miles From Downtown Tallahassee
- Population Exceeds 20,800 Within 7 Miles | Population is Expected to Increase in 2026 | Tallahassee MSA Population Exceeds 43,800
Discount
Brand New Dollar General Plus | 15 Yr Investment Grade Credit | Tallahassee FL MSA | Growing Markets
Listing Price: $2,069,257
Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$10.21
Investment Highlights
- Brand New 2022 Construction | Build-to-Suit Dollar General Plus With Upgraded Facade
- Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses | New 15 Year Lease | Commencing in November 2022
- Five, Five-Year Options with 10% Rental Increases | Potential for Long-Term Passive Income | Strong Guarantee | Lease is Backed by Dollar General Corporation
- Essential Business Stays Open During COVID-19 | Recognized by Forbes Magazine Among its Top 25 Corporate Responders to COVID-19
- Investment Grade Credit Tenant | S&P Rating: BBB | Dollar General is Ranked #91 on the Fortune 500 list as of June 2021 | Dollar General has 18,000+ Stores with Plans to Add 1,000+ Locations by 2025
- In December 2021, Dollar General Announced Plans to Expand its Footprint Internationally | In November 2021, Dollar General Announced Plans to Partner with DoorDash
- Located Along Bainbridge Road Seeing 4,026+ VPD | Quincy is Located Within Tallahassee MSA, 28 Miles From Downtown Tallahassee
- Population Exceeds 20,800 Within 7 Miles | Population is Expected to Increase in 2026 | Tallahassee MSA Population Exceeds 43,800
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General Plus located in Quincy, FL. The city of Quincy is positioned within the Tallahassee MSA.
