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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.

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

Exclusively Listed By

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

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.

Exclusively Listed By

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

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