Discount
Dollar General Market | New 15-Yr. NNN with 5% Increases
Copperhead Rd. & Helen Henderson Hwy., Honaker, VA 24260
Listing Price: $2,037,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$10.84
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Honaker, VA.
Dollar General Market | New 15-Yr. NNN with 5% Increases
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on an Oversized Parcel
- Serving Over 25,500 Residents in Russell County
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Discount
Dollar General Market | New 15-Yr. NNN with 5% Increases
Listing Price: $2,037,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$10.84
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on an Oversized Parcel
- Serving Over 25,500 Residents in Russell County
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Honaker, VA.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
