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Discount

7 Year Dollar General

216 4th Ave SE, Lakota, ND 58344

Listing Price: $1,148,200

Cap Rate
7.60%
Tenant Name
Dollar General
Years Remaining On Lease
7.1
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$126.18
Lease Type
Absolute Net
Rent Per Square Feet
$9.59

Investment Overview

Marcus and Millichap is pleased to present Dollar General in Lakota, ND.

Investment Highlights

  • 7 Years Remaining on Initial 15 Year Lease Term
  • Absolute Net Lease - No Landlord Responsibilities
  • Dollar General - BBB Credit Rating S&P
  • 4, Five Year Options
  • 1.49 Acres
  • 3% Rental Increase in 2027

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9700

    License(s) ND: 10032

    North Dakota

Discount

7 Year Dollar General

Listing Price: $1,148,200

Cap Rate
7.60%
Tenant Name
Dollar General
Years Remaining On Lease
7.1
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$126.18
Lease Type
Absolute Net
Rent Per Square Feet
$9.59

Investment Highlights

  • 7 Years Remaining on Initial 15 Year Lease Term
  • Absolute Net Lease - No Landlord Responsibilities
  • Dollar General - BBB Credit Rating S&P
  • 4, Five Year Options
  • 1.49 Acres
  • 3% Rental Increase in 2027

Investment Overview

Marcus and Millichap is pleased to present Dollar General in Lakota, ND.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9700

    License(s): ND: 10032

    North Dakota

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