Discount
Dollar General
Dante Rd & Bunch Town Rd, Dante, VA 24237
Listing Price: $2,040,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$57.13
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Dante, VA.
Dollar General
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,600+ Stores
- Brand New Construction, Oversized Parcel
- Strategic Location in the Heart of the Appalachian Region, Serving Millions of Outdoor Recreation Enthusiasts Annually
- Nearest Dollar General is Over 7 Miles Away, Only One Other Dollar General in a 19-Mile Radius
- Great Access and Exposure Along Major North/South Artery
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Listing Price: $2,040,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$57.13
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,600+ Stores
- Brand New Construction, Oversized Parcel
- Strategic Location in the Heart of the Appalachian Region, Serving Millions of Outdoor Recreation Enthusiasts Annually
- Nearest Dollar General is Over 7 Miles Away, Only One Other Dollar General in a 19-Mile Radius
- Great Access and Exposure Along Major North/South Artery
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Dante, VA.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
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