Skip to main content

Discount

Dollar General

958 2nd St, Florala, AL 36442

Listing Price: $820,000

Cap Rate
8.50%
Tenant Name
Dollar General
Years Remaining On Lease
3.3
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Double Net
Rent Per Square Feet
$4.81

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and the Illinois location is scheduled for remodel.

Investment Highlights

  • Very Low Rent ($4.81/SF) with No Options Remaining
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Discount

Dollar General

Listing Price: $820,000

Cap Rate
8.50%
Tenant Name
Dollar General
Years Remaining On Lease
3.3
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Double Net
Rent Per Square Feet
$4.81

Investment Highlights

  • Very Low Rent ($4.81/SF) with No Options Remaining
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and the Illinois location is scheduled for remodel.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

MM Texture Background
MM Textured Background Lower