Discount
Dollar General | 12+ Years | Low Rent
7390 Northumberland Hwy, Heathsville, VA 22473
Listing Price: $1,591,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
10,664
Lease Type
Double Net
Rent Per Square Feet
$10.82
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
- Newly Remodeled Specifically for Dollar General
- NN+ Lease | Minimal Landlord Responsibilities
- Low Base Rent of Just $10.82 Per SF
- 15-Year Initial Lease Term | 12.5+/- Years Remaining
- 10% Rental Increase Each Renewal Option
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Listing Price: $1,591,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
10,664
Lease Type
Double Net
Rent Per Square Feet
$10.82
Investment Highlights
- Newly Remodeled Specifically for Dollar General
- NN+ Lease | Minimal Landlord Responsibilities
- Low Base Rent of Just $10.82 Per SF
- 15-Year Initial Lease Term | 12.5+/- Years Remaining
- 10% Rental Increase Each Renewal Option
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
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic