Discount
Dollar General | Upgraded Construction
1853 Love Rd, Grand Island, NY 14072
Listing Price: $1,829,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.77
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S
• 20,000+ LOCATIONS IN 48 STATES
• $42.7 BILLION NET SALES FISCAL YEAR 2025
Investment Highlights
- NEWER 2023 CONSTRUCTION | 12+/- YEARS REMAINING
- 10% RENTAL INCREASES EACH RENEWAL OPTION
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- 80,000+ POPULATION IN 5-MILE RADIUS
- STRONG PLACER.AI DATA | TOP 36% STORE IN THE ENTIRE CHAIN
Exclusively Listed By
Broker of Record
Listing Price: $1,829,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.77
Investment Highlights
- NEWER 2023 CONSTRUCTION | 12+/- YEARS REMAINING
- 10% RENTAL INCREASES EACH RENEWAL OPTION
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- 80,000+ POPULATION IN 5-MILE RADIUS
- STRONG PLACER.AI DATA | TOP 36% STORE IN THE ENTIRE CHAIN
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S • 20,000+ LOCATIONS IN 48 STATES • $42.7 BILLION NET SALES FISCAL YEAR 2025
Exclusively Listed By
Broker of Record