Discount
Dollar General PLUS | Upgraded and Corner Lot
3929 Ridge Rd, Lockport, NY 14094
Listing Price: $1,841,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.85
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
- 100,000+ POPULATION IN 10-MILE RADIUS
- LARGE 2.41+/- ACRE CORNER LOT AT SIGNALIZED INTERSECTION
- RARE UPGRADED CONSTRUCTION
Exclusively Listed By
Broker of Record
Listing Price: $1,841,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.85
Investment Highlights
- NEWER 2023 CONSTRUCTION | 12+/- YEARS REMAINING
- 10% RENTAL INCREASES EACH RENEWAL OPTION
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- 100,000+ POPULATION IN 10-MILE RADIUS
- LARGE 2.41+/- ACRE CORNER LOT AT SIGNALIZED INTERSECTION
- RARE UPGRADED CONSTRUCTION
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