Discount
Dollar General (Dark) | 10+ Years
1498 N Wilson Ave, Prichard, AL 36610
Listing Price: $1,350,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$11.22
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS
• 20,000+ LOCATIONS IN 48 STATES
Dollar General (Dark) | 10+ Years
Investment Highlights
- 10+ YEARS REMAINING ON CURRENT LEASE TERM
- LEASE GUARANTEED BY DOLLAR GENERAL CORPORATION
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- NEWER 2021 CONSTRUCTION
- OVER $1,000,000 OF GUARANTEED BASE RENTAL PAYMENTS | PLUS CAM, TAXES AND INSURANCE COVERAGE
- DENSELY POPULATED AREA | 75,000+ 5-MILE POPULATION
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $1,350,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$11.22
Investment Highlights
- 10+ YEARS REMAINING ON CURRENT LEASE TERM
- LEASE GUARANTEED BY DOLLAR GENERAL CORPORATION
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- NEWER 2021 CONSTRUCTION
- OVER $1,000,000 OF GUARANTEED BASE RENTAL PAYMENTS | PLUS CAM, TAXES AND INSURANCE COVERAGE
- DENSELY POPULATED AREA | 75,000+ 5-MILE POPULATION
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 20,000+ LOCATIONS IN 48 STATES
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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