Discount
Dollar General | New 15-Yr. NNN Lease with Increases
US-19 (Near Cochran Hollow Road), Tazewell, VA 24651
Listing Price: $2,087,000
Cap Rate
6.80%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.34
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Tazewell, VA.
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (BBB Rating by S&P)
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Discount
Dollar General | New 15-Yr. NNN Lease with Increases
Listing Price: $2,087,000
Cap Rate
6.80%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.34
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (BBB Rating by S&P)
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Tazewell, VA.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager