Discount
Dollar General Market | New 15-Yr. NNN with 5% Increases
29 NE 300th St, Cross City, FL 32628
Listing Price: $2,468,000
Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$12.65
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Cross City, FL.
Dollar General Market | New 15-Yr. NNN with 5% Increases
Investment Highlights
- 15-Year Absolute Net Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant Rated 'BBB' by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation's Largest Retailer with 19,700+ Stores
- New Construction with Partial Brick Storefront on an Oversized Parcel
- Serving Approximately 20,000 Residents in Growing Dixie County
Discount
Dollar General Market | New 15-Yr. NNN with 5% Increases
Listing Price: $2,468,000
Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$12.65
Investment Highlights
- 15-Year Absolute Net Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant Rated 'BBB' by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation's Largest Retailer with 19,700+ Stores
- New Construction with Partial Brick Storefront on an Oversized Parcel
- Serving Approximately 20,000 Residents in Growing Dixie County
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Cross City, FL.
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