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
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