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Dollar General Portfolio - 5 Absolute Net Midwest Stores

648 U.S. 10, Motley, MN 56466

Listing Price: $1,083,000

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.11

Investment Overview

Marcus & Millichap is pleased to present this portfolio of five Dollar Generals in Roby, MO, Bark River, MI, Beaverton, MI, Grey Eagle, MN, and Motley, MN. Each store was built-to-suit for Dollar General in 2016-2017 and the portfolio has an average lease term remaining of 5.5 years. All five leases are absolute net and corporately guaranteed.

Investment Highlights

  • Five Midwest Dollar Generals Offered as a Portfolio. Built-to-Suit in 2016-2017 with Average of 5.5 Years Remaining on Original 15 Year Leases
  • Absolute Net Lease Through February 2032 - No Landlord Responsibilities
  • Corporate Guarantee: 20,000 Locations and Growing
  • 10 Percent Rent Increases in each Option
  • Strong Placer.ai Rankings: Top 20 Percent of Minnesota Dollar Generals and #1 in a 15 Mile Radius

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Discount

Dollar General Portfolio - 5 Absolute Net Midwest Stores

Listing Price: $1,083,000

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.11

Investment Highlights

  • Five Midwest Dollar Generals Offered as a Portfolio. Built-to-Suit in 2016-2017 with Average of 5.5 Years Remaining on Original 15 Year Leases
  • Absolute Net Lease Through February 2032 - No Landlord Responsibilities
  • Corporate Guarantee: 20,000 Locations and Growing
  • 10 Percent Rent Increases in each Option
  • Strong Placer.ai Rankings: Top 20 Percent of Minnesota Dollar Generals and #1 in a 15 Mile Radius

Investment Overview

Marcus & Millichap is pleased to present this portfolio of five Dollar Generals in Roby, MO, Bark River, MI, Beaverton, MI, Grey Eagle, MN, and Motley, MN. Each store was built-to-suit for Dollar General in 2016-2017 and the portfolio has an average lease term remaining of 5.5 years. All five leases are absolute net and corporately guaranteed.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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