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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
15.1
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.

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

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

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
15.1
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.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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