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Dollar General

649-655 Wethersfield Ave, Hartford, CT 06114

Listing Price: $1,901,333

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
6.6
Guarantor
Corporate Guarantee
Rentable SF
7,489
Lease Type
Absolute Net
Rent Per Square Feet
$17.14

Investment Overview

Marcus & Millichap is pleased to exclusively present this Dollar General for sale in Hartford, Connecticut. Dollar General is on an Absolute NNN Ground Lease with 6.5 Years Remaining in Hartford, CT. Extremely Infill Location: 23,297 Residents in 1-Mi | 131,941 Residents in 3-Mi. 2016 Construction | Build-to-Suit for Dollar General | Improved Architecture. Corporate Guarantee | IG S&P “BBB” Credit | $19.25B Market Cap (NYSE: DG). 10% Rental Increases in Each of the 3 - 5 Yr. Options. 31,927 VPD at Signalized Intersection of Wethersfield/Airport. Minutes From I-91 | Major North-South Highway through New England. AHHI of $88,139 Within 5-Miles. Neighboring Retailers Include CVS, Chase Bank, Burger King, Dunkin’, NAPA, Sunoco, Wendy’s, AutoZone, Family Dollar, Dollar Tree, T-Mobile, Boost Mobile & More. Dollar General is Ranked #111 on the Fortune 500 List (2024). Hartford is the Capital City of Connecticut | Largest MSA in CT (1.17M People)

Investment Highlights

  • Dollar General Abs NNN Ground Lease with 6.5 Years Remaining in Hartford, CT
  • Extremely Infill Location: 23,297 Residents in 1-Mi | 131,941 Residents in 3-Mi
  • 2016 Construction | Build-to-Suit for Dollar General | Improved Architecture
  • Corporate Guarantee | IG S&P "BBB" Credit | $19.25B Market Cap (NYSE: DG)
  • Hartford = Capital City of Connecticut | Largest MSA in CT (1.17M People)
  • 10% Rental Increases in Each of the 3 - 5 Yr. Options
  • 31,927 VPD at Signalized Intersection of Wethersfield/Airport
  • Dollar General is Ranked #111 on the Fortune 500 List (2024)

Exclusively Listed By

Listing Price: $1,901,333

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
6.6
Guarantor
Corporate Guarantee
Rentable SF
7,489
Lease Type
Absolute Net
Rent Per Square Feet
$17.14

Investment Highlights

  • Dollar General Abs NNN Ground Lease with 6.5 Years Remaining in Hartford, CT
  • Extremely Infill Location: 23,297 Residents in 1-Mi | 131,941 Residents in 3-Mi
  • 2016 Construction | Build-to-Suit for Dollar General | Improved Architecture
  • Corporate Guarantee | IG S&P "BBB" Credit | $19.25B Market Cap (NYSE: DG)
  • Hartford = Capital City of Connecticut | Largest MSA in CT (1.17M People)
  • 10% Rental Increases in Each of the 3 - 5 Yr. Options
  • 31,927 VPD at Signalized Intersection of Wethersfield/Airport
  • Dollar General is Ranked #111 on the Fortune 500 List (2024)

Investment Overview

Marcus & Millichap is pleased to exclusively present this Dollar General for sale in Hartford, Connecticut. Dollar General is on an Absolute NNN Ground Lease with 6.5 Years Remaining in Hartford, CT. Extremely Infill Location: 23,297 Residents in 1-Mi | 131,941 Residents in 3-Mi. 2016 Construction | Build-to-Suit for Dollar General | Improved Architecture. Corporate Guarantee | IG S&P “BBB” Credit | $19.25B Market Cap (NYSE: DG). 10% Rental Increases in Each of the 3 - 5 Yr. Options. 31,927 VPD at Signalized Intersection of Wethersfield/Airport. Minutes From I-91 | Major North-South Highway through New England. AHHI of $88,139 Within 5-Miles. Neighboring Retailers Include CVS, Chase Bank, Burger King, Dunkin’, NAPA, Sunoco, Wendy’s, AutoZone, Family Dollar, Dollar Tree, T-Mobile, Boost Mobile & More. Dollar General is Ranked #111 on the Fortune 500 List (2024). Hartford is the Capital City of Connecticut | Largest MSA in CT (1.17M People)

Exclusively Listed By

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