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Dollar General | Apopka, FL

57 E Michael Gladden Blvd, Apopka, FL 32703

Listing Price: $1,937,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
7,692
Lease Type
Absolute Net
Rent Per Square Feet
$16.37

Investment Overview

Lease
• 8+ years remaining on the original 15-year lease
• Absolute NNN – No Landlord Responsibilities
• Three, 5-year options with 10% rent bumps in each option

Strong Performer
• PlacerAI ranks this store 5 of 28 (top 85th percentile) in a 15-mile radius and 5,565 of 19,440 (top 71st percentile) nationwide.
• Very busy store!

Incredible Demographics for Dollar General
• Very Dense Population: 7,115 (one-mile) | 60,599 (three-mile) | 149,067 (five-mile)
• Household Income Linear with target customers: $73,130 (one-mile) | $94,240 (three-mile) | $109,296 (five-mile)

Dollar General
• Dollar General (NYSE: DG) is a publicly traded Fortune 500 retailer backed by an S&P investment-grade credit rating of BBB, providing strong creditworthiness and reliability for investors.
• The company operates over 21,000 stores nationwide and continues its growth trajectory with plans to open 750 new locations in 2025.
• Dollar General has been in business for 83 years and has a current net worth of $54.4B

Investment Highlights

  • Lease • 8+ years remaining on the original 15-year lease • Absolute NNN – No Landlord Responsibilities • Three, 5-year options with 10% rent bumps in each option
  • Strong Performer • PlacerAI ranks this store 5 of 28 (top 85th percentile) in a 15-mile radius and 5,565 of 19,440 (top 71st percentile) nationwide. • Very busy store!
  • Incredible Demographics for Dollar General • Very Dense Population • Household Income Linear with target customers

Exclusively Listed By

Financing By

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Dollar General | Apopka, FL

Listing Price: $1,937,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
7,692
Lease Type
Absolute Net
Rent Per Square Feet
$16.37

Investment Highlights

  • Lease • 8+ years remaining on the original 15-year lease • Absolute NNN – No Landlord Responsibilities • Three, 5-year options with 10% rent bumps in each option
  • Strong Performer • PlacerAI ranks this store 5 of 28 (top 85th percentile) in a 15-mile radius and 5,565 of 19,440 (top 71st percentile) nationwide. • Very busy store!
  • Incredible Demographics for Dollar General • Very Dense Population • Household Income Linear with target customers

Investment Overview

Lease • 8+ years remaining on the original 15-year lease • Absolute NNN – No Landlord Responsibilities • Three, 5-year options with 10% rent bumps in each option Strong Performer • PlacerAI ranks this store 5 of 28 (top 85th percentile) in a 15-mile radius and 5,565 of 19,440 (top 71st percentile) nationwide. • Very busy store! Incredible Demographics for Dollar General • Very Dense Population: 7,115 (one-mile) | 60,599 (three-mile) | 149,067 (five-mile) • Household Income Linear with target customers: $73,130 (one-mile) | $94,240 (three-mile) | $109,296 (five-mile) Dollar General • Dollar General (NYSE: DG) is a publicly traded Fortune 500 retailer backed by an S&P investment-grade credit rating of BBB, providing strong creditworthiness and reliability for investors. • The company operates over 21,000 stores nationwide and continues its growth trajectory with plans to open 750 new locations in 2025. • Dollar General has been in business for 83 years and has a current net worth of $54.4B

Exclusively Listed By

Financing By

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