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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

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

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

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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