Skip to main content

Discount

Dollar General

236 North St, Cheshire, MA 01225

Listing Price: $1,756,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.51

Investment Overview

Marcus & Millichap is please to present a freestanding Dollar General located in Cheshire,
Massachusetts. There are currently 7+ years remaining on an original 15 year NNN lease.
The lease provides 4, 5-year renewal options with 10% rental increases. The subject
property is strategically located along Massachusetts Route 8 (North St), steps away from
the world famous Appalachian Trail, with supportive single family homes lying primarily
to the south and east.

Located within the valley of the Hoosic River in Berkshire County, Cheshire has a
traditional town center and outdoor recreation assets including the Hoosac Lake, the
Appalachian Trail, the Father Tom Campsite and the Ashuwillticook Rail Trail. Cheshire's
town center is located in northwest Massachusetts, 10.5 miles northeast of Pittsfield, 53
miles northwest of Springfield, and 135 miles west-northwest of Boston. It is part of the
Pittsfield, Massachusetts Metropolitan Statistical Area. Massachusetts Route 8 is the main
route through town, crossing from south to north.

Investment Highlights

  • Corporate NNN Lease with 7+ Years Remaining (No Landlord Responsibilities)
  • Dollar General (NYSE:DG) holds an Investment Grade Credit Rating (S&P:BBB)
  • Rare New England Area Dollar General
  • Upgraded Façade

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Discount

Dollar General

Listing Price: $1,756,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.51

Investment Highlights

  • Corporate NNN Lease with 7+ Years Remaining (No Landlord Responsibilities)
  • Dollar General (NYSE:DG) holds an Investment Grade Credit Rating (S&P:BBB)
  • Rare New England Area Dollar General
  • Upgraded Façade

Investment Overview

Marcus & Millichap is please to present a freestanding Dollar General located in Cheshire, Massachusetts. There are currently 7+ years remaining on an original 15 year NNN lease. The lease provides 4, 5-year renewal options with 10% rental increases. The subject property is strategically located along Massachusetts Route 8 (North St), steps away from the world famous Appalachian Trail, with supportive single family homes lying primarily to the south and east. Located within the valley of the Hoosic River in Berkshire County, Cheshire has a traditional town center and outdoor recreation assets including the Hoosac Lake, the Appalachian Trail, the Father Tom Campsite and the Ashuwillticook Rail Trail. Cheshire's town center is located in northwest Massachusetts, 10.5 miles northeast of Pittsfield, 53 miles northwest of Springfield, and 135 miles west-northwest of Boston. It is part of the Pittsfield, Massachusetts Metropolitan Statistical Area. Massachusetts Route 8 is the main route through town, crossing from south to north.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

MM Texture Background
MM Textured Background Lower