Discount
DG Market -- 13+ Years -- 5% Increases -- 1,700 Students
4793 Poticaw Bayou Rd, Vancleave, MS 39565
Listing Price: $2,432,640
Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
13.3
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$230.23
Lease Type
Absolute Net
Rent Per Square Feet
$14.39
Investment Overview
?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
Investment Highlights
- ?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
- Approximately 13.5 Years Remaining On The Base Lease Term, The Property Benefits From 5% Rent Increases Every Five Years, Delivering Long Term Income Security And Built In Growth To Help Off Inflation
- ?Highly Desirable Competitive Position, The Subject Property Is The Only DG Market Or Dollar General Within A 4-Mile Radius, Creating A Captive Customer Base And Supporting Long Term Tenant Stability
- TPositioned Within One Mile Of Three Highly Attended Schools, Vancleave Upper Elementary, Vancleave Lower Elementary, And Vancleave High, with Combined Enrollment Exceeding 1,740 Students, Helping Support Recurring Trafficenant Stability
Broker of Record
Financing By
Discount
DG Market -- 13+ Years -- 5% Increases -- 1,700 Students
Listing Price: $2,432,640
Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
13.3
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$230.23
Lease Type
Absolute Net
Rent Per Square Feet
$14.39
Investment Highlights
- ?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
- Approximately 13.5 Years Remaining On The Base Lease Term, The Property Benefits From 5% Rent Increases Every Five Years, Delivering Long Term Income Security And Built In Growth To Help Off Inflation
- ?Highly Desirable Competitive Position, The Subject Property Is The Only DG Market Or Dollar General Within A 4-Mile Radius, Creating A Captive Customer Base And Supporting Long Term Tenant Stability
- TPositioned Within One Mile Of Three Highly Attended Schools, Vancleave Upper Elementary, Vancleave Lower Elementary, And Vancleave High, with Combined Enrollment Exceeding 1,740 Students, Helping Support Recurring Trafficenant Stability
Investment Overview
?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
Broker of Record
Financing By