Dollar General NNN For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30503339
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 9,100 SF
Gross Building Area: See Agent
Gross Land Area: 1.50 Acres
Sale Price: $875,000
Unit Price: $96.15 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/9/2019

Overview / Comments

This solid investment offers the new owner the benefits of a NN1/2 Lease and a prime location. 14,000 residents live within a 5 mile radius of this store. This Dollar General has been a cornerstone of the community for a decade. As the new owner of this property you will reap 10% rental increases every 5 years, with the built in (5) options to renew. DOTD reports that nearly 10,000 cars pass this location DAILY via Hwy 80.

Additional Details

Nearest MSA: Selma
County: Dallas
Tax ID/APN: 15-04-18-0-002-001.0010
Property Visibility: Good
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,760 10,647 24,256
Median Age: 39.11 34.94 34.63
Households: 671 3,963 9,291

Contact

Photograph of Listing Agent

Virginia F Brockman

KW Commercial Greater Chattanooga REALTORS® Member
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