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Dollar General | New 15-Yr. NNN

Poplar Camp Rd & Coulson Church Road, Austinville, VA 24312

Listing Price: $1,594,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.95

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Austinville, VA.

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Brand New 2021 Construction
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth
  • Classified Nationally as an "Essential Retailer" for Daily Shopping Needs

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s) VA: 0225215181

    Virginia

Listing Price: $1,594,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.95

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Brand New 2021 Construction
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth
  • Classified Nationally as an "Essential Retailer" for Daily Shopping Needs

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Austinville, VA.

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s): VA: 0225215181

    Virginia

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