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Dollar General (28 Units)

903 Grundy Ave, Reinbeck, IA 50669

Listing Price: $2,967,208

Cap Rate
5.75%
Tenant Name
Dollar General
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$85.31

Investment Overview

Portfolio can be sold as a whole or in tranches of 5+ units or more. 28 Dollar General's all corporately guaranteed by Dollar General. Each Location has long-term remaining with 10% increases in each option. All locations reside in rural city areas, serving as the main source of good for the population.

Investment Highlights

  • Corporate Guaranty (NYSE: DG): All Leases are Corporately Guaranteed by Dollar General with Over 16,000 Locations Nationwide and an S&P Credit Rating of 'BBB'.
  • Absolute-Net Lease (Zero Landlord Responsibilities): Each Location has Long-Term Remaining with 10% Increases in Each Option.
  • Limited Competition: All Locations Reside in Rural City Areas, Serving as the Main Source of Goods for the Population.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Discount

Dollar General (28 Units)

Listing Price: $2,967,208

Cap Rate
5.75%
Tenant Name
Dollar General
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$85.31

Investment Highlights

  • Corporate Guaranty (NYSE: DG): All Leases are Corporately Guaranteed by Dollar General with Over 16,000 Locations Nationwide and an S&P Credit Rating of 'BBB'.
  • Absolute-Net Lease (Zero Landlord Responsibilities): Each Location has Long-Term Remaining with 10% Increases in Each Option.
  • Limited Competition: All Locations Reside in Rural City Areas, Serving as the Main Source of Goods for the Population.

Investment Overview

Portfolio can be sold as a whole or in tranches of 5+ units or more. 28 Dollar General's all corporately guaranteed by Dollar General. Each Location has long-term remaining with 10% increases in each option. All locations reside in rural city areas, serving as the main source of good for the population.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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