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Dollar General - Absolute NNN

8701 US-280, Black Creek, GA 31308

Listing Price: $1,397,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.52

Investment Overview

Marcus & Millichap is pleased to present this Absolute Net Dollar General located in Black Creek, Georgia. There are just under 5 years remaining on the original 15 year lease, with four 5-year options to follow. The property sits just 2 miles off Interstate 16, about 25 miles outside of Downtown Savannah. The property has great visibility on Highway 280 which has traffic counts of over 10,000 vehicles per day. There is a Billboard on site that pays some additional income that is not factored into the NOI which gives an immediate added value to any investor.

Investment Highlights

  • Absolute NNN Lease with just under 5 year remaining
  • Frontage on Hwy 280 with over 10,000 VPD
  • Sits just 2 miles off I-16 and 25 miles outside of Savannah
  • Billboard located on property paying additional income not included in NOI.

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Financing By

Discount

Dollar General - Absolute NNN

Listing Price: $1,397,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.52

Investment Highlights

  • Absolute NNN Lease with just under 5 year remaining
  • Frontage on Hwy 280 with over 10,000 VPD
  • Sits just 2 miles off I-16 and 25 miles outside of Savannah
  • Billboard located on property paying additional income not included in NOI.

Investment Overview

Marcus & Millichap is pleased to present this Absolute Net Dollar General located in Black Creek, Georgia. There are just under 5 years remaining on the original 15 year lease, with four 5-year options to follow. The property sits just 2 miles off Interstate 16, about 25 miles outside of Downtown Savannah. The property has great visibility on Highway 280 which has traffic counts of over 10,000 vehicles per day. There is a Billboard on site that pays some additional income that is not factored into the NOI which gives an immediate added value to any investor.

Exclusively Listed By

Financing By

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