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Dollar General | Midway, FL

31285 Blue Star Hwy, Midway, FL 32343

Listing Price: $960,000

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
4.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.18

Investment Overview

Lease
- NN lease with limited Landlord responsibilities
- 4 Years Remaining on base term
- 10% Rent Increases in Options
- Four, 5-Year Options

Commitment to Location!
- Dollar General recently exercised a 5-year lease extension
- Dollar General has operated at this site since 2008, an almost 20-year operating history

Strong Performing Store – PlacerAI
- Ranks in the top 96th percentile in a 15-mile radius (2 of 25)
- Ranks in the top 86th percentile in the nation!

Low Rent Dollar General
- Rent is only $74,400

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 - NN lease with limited Landlord responsibilities - 4 Years Remaining on base term - 10% Rent Increases in Options - Four, 5-Year Options
  • Commitment to Location! - Dollar General recently exercised a 5-year lease extension - Dollar General has operated at this site since 2008, an almost 20-year operating history
  • Strong Performing Store – PlacerAI - Ranks in the top 96th percentile in a 15-mile radius (2 of 25) - Ranks in the top 86th percentile in the nation!

Exclusively Listed By

Financing By

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Dollar General | Midway, FL

Listing Price: $960,000

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
4.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.18

Investment Highlights

  • Lease - NN lease with limited Landlord responsibilities - 4 Years Remaining on base term - 10% Rent Increases in Options - Four, 5-Year Options
  • Commitment to Location! - Dollar General recently exercised a 5-year lease extension - Dollar General has operated at this site since 2008, an almost 20-year operating history
  • Strong Performing Store – PlacerAI - Ranks in the top 96th percentile in a 15-mile radius (2 of 25) - Ranks in the top 86th percentile in the nation!

Investment Overview

Lease - NN lease with limited Landlord responsibilities - 4 Years Remaining on base term - 10% Rent Increases in Options - Four, 5-Year Options Commitment to Location! - Dollar General recently exercised a 5-year lease extension - Dollar General has operated at this site since 2008, an almost 20-year operating history Strong Performing Store – PlacerAI - Ranks in the top 96th percentile in a 15-mile radius (2 of 25) - Ranks in the top 86th percentile in the nation! Low Rent Dollar General - Rent is only $74,400 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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