Discount
Dollar General PLUS | New Construction
10477 Ramsey Rd, Grand Bay, AL 36541
Listing Price: $1,708,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$162.02
Lease Type
Absolute Net
Rent Per Square Feet
$10.12
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: $1,708,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$162.02
Lease Type
Absolute Net
Rent Per Square Feet
$10.12
Investment Highlights
- BRAND NEW 2023 CONSTRUCTION | MARCH OPENING
- DG PLUS STORE FOOTPRINT | 10,542+/- SF BUILDING
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 59,000+ 10-MILE POPULATION
- MOBILE, AL MSA | 3RD 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
