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Dollar General | Recent Extension | 20-Year Operating History| Strong PlacerAI

4250 Kathleen Rd, Lakeland, FL 33810

Listing Price: $1,138,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
8,515
Lease Type
Double Net
Rent Per Square Feet
$9.36

Investment Overview

Dollar General – Lakeland, FL:
- Price: $1,138,000
- Cap Rate: 7.00%
- Term Remaining: 7+ Years
- Lease Type: NN

20-Year Operating History
o Dollar General has operated at this store since 2004.
o Dollar General has exercised three early extensions.

Recent 5-Year Early Extension
o Dollar General recently extended their lease by 5-years, showing continued commitment to this site.

Strong Performing Store (PlacerAI)
o This store ranks in the top 70th percentile of all Dollar Generals nationally, in Florida, and in a 50-mile radius.

Lakeland, FL
o Polk County is the fastest growing county in Florida.
o Lakeland is one of the fastest growing cities in Florida.
o Strong Demographics

Dollar General
o Corporate Guarantee
o BBB S&P Rating
o 19,000+ locations

Investment Highlights

  • 20-Year Operating History o Dollar General has operated at this store since 2004. o Dollar General has exercised three early extensions.
  • Recent 5-Year Early Extension o Dollar General recently extended their lease by 5-years, showing continued commitment to this site.
  • Lakeland, FL o Polk County is the fastest growing county in Florida. o Lakeland is one of the fastest growing cities in Florida. o Strong Demographics

Exclusively Listed By

Discount

Dollar General | Recent Extension | 20-Year Operating History| Strong PlacerAI

Listing Price: $1,138,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
8,515
Lease Type
Double Net
Rent Per Square Feet
$9.36

Investment Highlights

  • 20-Year Operating History o Dollar General has operated at this store since 2004. o Dollar General has exercised three early extensions.
  • Recent 5-Year Early Extension o Dollar General recently extended their lease by 5-years, showing continued commitment to this site.
  • Lakeland, FL o Polk County is the fastest growing county in Florida. o Lakeland is one of the fastest growing cities in Florida. o Strong Demographics

Investment Overview

Dollar General – Lakeland, FL: - Price: $1,138,000 - Cap Rate: 7.00% - Term Remaining: 7+ Years - Lease Type: NN 20-Year Operating History o Dollar General has operated at this store since 2004. o Dollar General has exercised three early extensions. Recent 5-Year Early Extension o Dollar General recently extended their lease by 5-years, showing continued commitment to this site. Strong Performing Store (PlacerAI) o This store ranks in the top 70th percentile of all Dollar Generals nationally, in Florida, and in a 50-mile radius. Lakeland, FL o Polk County is the fastest growing county in Florida. o Lakeland is one of the fastest growing cities in Florida. o Strong Demographics Dollar General o Corporate Guarantee o BBB S&P Rating o 19,000+ locations

Exclusively Listed By

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