Discount
Dollar General Market | New 15-Yr. Absolute NNN | Relocation Store
804 Bowery Ln, Folkston, GA 31537
Listing Price: $2,448,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$12.75
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Folkston, GA.
Dollar General Market | New 15-Yr. Absolute NNN | Relocation Store
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation and Expansion of Existing High-Performing Store
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Largest Retailer in the U.S. with 20,376+ Stores
Discount
Dollar General Market | New 15-Yr. Absolute NNN | Relocation Store
Listing Price: $2,448,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$12.75
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation and Expansion of Existing High-Performing Store
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Largest Retailer in the U.S. with 20,376+ Stores
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Folkston, GA.
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