Discount
Dollar General
3038 S Phillips Rd, Lanett, AL 36863
Listing Price: $785,000
Cap Rate
8.40%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.31
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS
• 20,000+ LOCATIONS IN 48 STATES
• $42.7 BILLION NET SALES FISCAL YEAR 2025
Investment Highlights
- 20+ Year Operating History at this Location
- 3 Renewal Options Exercised with Rental Increases
- Low Rent and Low Price Point
- Newly Resealed and Restriped Parking Lot
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
Listing Price: $785,000
Cap Rate
8.40%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.31
Investment Highlights
- 20+ Year Operating History at this Location
- 3 Renewal Options Exercised with Rental Increases
- Low Rent and Low Price Point
- Newly Resealed and Restriped Parking Lot
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 20,000+ LOCATIONS IN 48 STATES • $42.7 BILLION NET SALES FISCAL YEAR 2025
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By