Discount
Dollar General
10109 US-431, Dunmor, KY 42339
Listing Price: $1,336,209
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.6
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$8.79
Investment Overview
This investment is being offered at $1,336,209 which represents a 7% cap rate
Investment Highlights
- Absolute NNN Lease with 11.7 years remaining
- Larger 10,640 square foot Built to Suit "Plus Sized" store
- 2022 Prototype Construction
- Sizeable 2.9 acre parcel allowing room for future expansion
- Located near Lake Malone, a 788 acre lake surrounded by sandstone bluffs and known for it's state parks and recreational activities
- Competition void and destination store; only dollar store servicing the area for miles
- Full concrete parking lot providing longer term durability to the site
- The investment yields a positive Cash on Cash Return if financing is utilized
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Financing By
Listing Price: $1,336,209
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.6
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$8.79
Investment Highlights
- Absolute NNN Lease with 11.7 years remaining
- Larger 10,640 square foot Built to Suit "Plus Sized" store
- 2022 Prototype Construction
- Sizeable 2.9 acre parcel allowing room for future expansion
- Located near Lake Malone, a 788 acre lake surrounded by sandstone bluffs and known for it's state parks and recreational activities
- Competition void and destination store; only dollar store servicing the area for miles
- Full concrete parking lot providing longer term durability to the site
- The investment yields a positive Cash on Cash Return if financing is utilized
Investment Overview
This investment is being offered at $1,336,209 which represents a 7% cap rate
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Financing By