Discount
Dollar General PLUS Relocation | Upgraded Construction
3775 Norman Bridge Rd, Montgomery, AL 36111
Listing Price: $1,765,000
Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$165.88
Lease Type
Absolute Net
Rent Per Square Feet
$10.20
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 19,000+ LOCATIONS IN 47 STATES • $37.8 BILLION NET SALES FY 2021
Exclusively Listed By
Broker of Record
Discount
Dollar General PLUS Relocation | Upgraded Construction
Listing Price: $1,765,000
Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$165.88
Lease Type
Absolute Net
Rent Per Square Feet
$10.20
Investment Highlights
- BRAND NEW 2023 CONSTRUCTION | MARCH OPENING
- RARE UPGRADED FAÇADE BUILDING
- DG PLUS STORE FOOTPRINT
- RARE RELOCATION FROM EXISTING STORE JUST .2 MILES AWAY
- 114,000+ 5-MILE POPULATION
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 19,000+ LOCATIONS IN 47 STATES • $37.8 BILLION NET SALES FY 2021
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
