Discount
Dollar General
1200 E Stadium Dr, Eden, NC 27288
Listing Price: $835,050
Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.41
Investment Overview
$835,050 / 8.00% cap rate
Investment Highlights
- NN lease structure with 7.9 years remaining
- Early lease renewal demonstrating tenant's continued commitment to the store
- Tenant contributes a strong $563.38/month towards CAM (Increases to $638.50/month on 11/1/2028)
- Landlord is limited to roof, structure and parking lot responsibilities
- Located near credit tenants, manufacturing and distribution facilities and other retailers
- Strategically positioned in a residential pocket for optimum accessibility
- Multiple access points of ingress and egress
- Multiple lease renewals exercised at this location
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Listing Price: $835,050
Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.41
Investment Highlights
- NN lease structure with 7.9 years remaining
- Early lease renewal demonstrating tenant's continued commitment to the store
- Tenant contributes a strong $563.38/month towards CAM (Increases to $638.50/month on 11/1/2028)
- Landlord is limited to roof, structure and parking lot responsibilities
- Located near credit tenants, manufacturing and distribution facilities and other retailers
- Strategically positioned in a residential pocket for optimum accessibility
- Multiple access points of ingress and egress
- Multiple lease renewals exercised at this location
Investment Overview
$835,050 / 8.00% cap rate
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland