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This new construction corner store prototype of Corporate Dollar General - S&P BBB Rating has a fifteen (15) year absolute NNN lease (no landlord responsibility). With a strong Location off U.S. Highway 6 and Highway 59, it is one of two convenience retailers in town and the nearest Walmart is over 30 miles away. Dollar General is the country’s largest small-box discount retailer. They have experienced 25 consecutive years of same store sales growth.
Price: $1,382,200
NOI: $88,461
CAP Rate: 6.4%
Size: 9,100 SF
Lease Commencement: August 1, 2017
Lease Expiration: July 30, 2032