Skip to main content

Discount

Dollar General

805 Helderberg Trail, East Berne, NY 12059

Listing Price: $1,632,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.21

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Dollar General a single-tenant property located at 805 Helderberg Trl, East Berne, NY 12059. Backed by a strong Corporate Guaranty (NYSE: DG) Dollar General operates on an absolute-net lease with 11 years of term remaining. Dollar General serves as the main source of good for the population in the area. ? Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, packaged food products, perishable, snacks and candies, health and beauty products, pet products, and tobacco products. It also provides seasonal products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies as well as home products, and apparel and accessories. As of February 25, 2022, it operated 18,190 stores in 47 states in the United States. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

Investment Highlights

  • Corporate Guaranty (NYSE: DG): All Leases are Corporately Guaranteed by Dollar General with Over 18,000 Locations Nationwide and an S&P Credit Rating of 'BBB'.
  • Strong Investment Tenant: Dollar General has been in Business for 83 Years and has a Current Net Worth of Over $54.4 Billion.
  • Absolute-Net Lease (Zero Landlord Responsibilities): 11 Years Remaining with 10% Increases in Each of the Four, 5 Year Options.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Financing By

Listing Price: $1,632,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.21

Investment Highlights

  • Corporate Guaranty (NYSE: DG): All Leases are Corporately Guaranteed by Dollar General with Over 18,000 Locations Nationwide and an S&P Credit Rating of 'BBB'.
  • Strong Investment Tenant: Dollar General has been in Business for 83 Years and has a Current Net Worth of Over $54.4 Billion.
  • Absolute-Net Lease (Zero Landlord Responsibilities): 11 Years Remaining with 10% Increases in Each of the Four, 5 Year Options.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Dollar General a single-tenant property located at 805 Helderberg Trl, East Berne, NY 12059. Backed by a strong Corporate Guaranty (NYSE: DG) Dollar General operates on an absolute-net lease with 11 years of term remaining. Dollar General serves as the main source of good for the population in the area. ? Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, packaged food products, perishable, snacks and candies, health and beauty products, pet products, and tobacco products. It also provides seasonal products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies as well as home products, and apparel and accessories. As of February 25, 2022, it operated 18,190 stores in 47 states in the United States. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

Financing By

MM Texture Background
MM Textured Background Lower