Discount
Dollar General Plus
17131 N Frontage Road, Long Lane Village (Fort Morgan), CO 80705
Listing Price: $2,135,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.55
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Plus in Log Lane Village, CO.
Dollar General Plus
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, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,000+ Stores
- Brand New 'Plus' Store with Upgraded Design, Oversized Parcel
- Serving Over 28,500 Residents in Growing Morgan County
- Strong Average Household Incomes in Excess of $76,000 within 3 and 5 Miles
- Just Off I-76 with 18,000 Cars/Day, Direct Access to Downtown Denver
Broker of Record
Financing By
Listing Price: $2,135,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.55
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, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,000+ Stores
- Brand New 'Plus' Store with Upgraded Design, Oversized Parcel
- Serving Over 28,500 Residents in Growing Morgan County
- Strong Average Household Incomes in Excess of $76,000 within 3 and 5 Miles
- Just Off I-76 with 18,000 Cars/Day, Direct Access to Downtown Denver
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Plus in Log Lane Village, CO.
Broker of Record
-
Adam Lewis
First Vice President/Regional Manager
Financing By
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