Discount
Dollar General PLUS | New Construction
11387 Central Plank Rd, Wetumpka, AL 36092
Listing Price: $1,920,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$180.45
Lease Type
Absolute Net
Rent Per Square Feet
$11.28
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
Listing Price: $1,920,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$180.45
Lease Type
Absolute Net
Rent Per Square Feet
$11.28
Investment Highlights
- BRAND NEW 2023 CONSTRUCTION | JANUARY OPENING
- DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 20,000+ 10-MILE POPULATION
- MONTGOMERY, AL MSA | 4TH MOST POPULATED MSA IN ALABAMA
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
