| Price $1,387,000 | Built/Renov 2023 | Tenant Dollar General |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,640
| Lease Start
07-01-2023
| #Units
19,294
|
| Price/SF $130.36 | Expiration
06-30-2038
| Tenant Type Dollar/Discount |
| NOI $88,768 | R. Term 14.0 | Ownership Fee Simple |
| Rent/SF
$8.34
| Increases 10.0%/15/yrs | Pop 5Mi 3,696 |
| Lot/AC 1.78 | Options 5/5yrs/10% | AHHI 5Mi $85,193 |
| | |
This newly built Dollar General is strategically located along Grand Ledge Highway with clear visibility and access to an average of 6,400 vehicles passing by daily. Surrounding tenants include Sabersmith Inc., Caterpillar Clubhouse, Mapes Furniture, Quality Hardwoods Inc., and others. The neighboring regional tenant presence drives a steady stream of consumers and promotes crossover store...
...New construction
Strategically located
Highway location
Affluent suburb location
Major MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Traded and rated company
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores. As of 2023, Dollar General operates more than 19,200 stores in 47 states and Mexico. The stores deliver everyday low...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 646 | 1,657 | 3,595 |
| 2023 Total Population : | 659 | 1,683 | 3,643 |
| 2023 Employed Civilian Pop : | 256 | 704 | 1,608 |
| 2023 Total Businesses : | 32 | 51 | 94 |
| 2023 Average Household Income : | $ 76,249 | $ 81,944 | $ 90,111 |
| 2023 Total Consumer Spending : | $ 18 M | $ 48 M | $ 111 M |
| 2023 Median Age : | 40 | 41 | 42 |
| 2023 Total Households : | 280 | 680 | 1,432 |
| 2023 Pop Age 25+: Bachelor's Degree : | 46 | 132 | 357 |
| 2023 Average Home Value : | $ 254,894 | $ 240,219 | $ 244,102 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| BETWEEN M-43 AND KENT (IN SUNFIELD) | 2021 | 1,745 | 0.22 mi | |
| 1ST ST | Kent St | 2020 | 1,578 | 0.22 mi |
| W Grand Ledge Hwy | 2021 | 704 | 0.47 mi | |
| 3RD ST | Kent St | 2020 | 693 | 0.47 mi |
| Sunfield Rd | 1st St | 2008 | 705 | 0.55 mi |
| M 43 | 3rd St | 2021 | 4,067 | 0.78 mi |
| West Grand Ledge Highway | 2019 | 4,107 | 0.78 mi | |
| 1st St | Main St | 2010 | 824 | 0.91 mi |
| Round Lake Rd | E Eaton Hwy | 2005 | 107 | 1.05 mi |
| Grand Ledge Hwy | Round Lake Rd | 2015 | 3,400 | 1.08 mi |
Lake Whitney, TX
Cap Rate 7.35%
Lease NN+
R. Term 9.40 yrs
Size/SF 10,500
Anderson, SC
Cap Rate 7.25%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,320
Caledonia, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.40 yrs
Size/SF 9,301
McAlisterville, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 9,100
Provencal, LA
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,014
Kalamazoo, MI
Cap Rate 6.55%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 10,675
Sligo, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.80 yrs
Size/SF 9,100
Lansing, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,640
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 9,026
Robbins, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 10,566
Patterson, MO
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Falls Creek, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 10,640
Fayetteville, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 8,000
Bossier City, LA
Cap Rate 7.15%
Lease NN+
R. Term 6.10 yrs
Size/SF 9,180
Radford, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,026
Bemidji, MN
Cap Rate 6.80%
Lease Abs NNN
R. Term 12.80 yrs
Size/SF 10,566
Hopewell, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Weidman, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 9,100
Everton, MO
Cap Rate 6.25%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 10,640
Mendenhall, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.50 yrs
Size/SF 9,237
Athens, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 10,640
Lilly, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Waynesburg, PA
Cap Rate 7.35%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 9,100
Columbiaville, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.60 yrs
Size/SF 9,026
Dewey, OK
Cap Rate 6.90%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 10,566
Delphi, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 8.50 yrs
Size/SF 10,717
Ripley, OH
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 9,214
Thomasville, NC
Cap Rate 7.00%
Lease NN+
R. Term 6.80 yrs
Size/SF 10,098
Brodhead, KY
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.00 yrs
Size/SF 9,100
Covington, OK
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 9,023
Limestone, ME
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 9,167
Bulger, PA
Cap Rate 7.40%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 10,640
Livingston, IL
Cap Rate 6.75%
Lease NN+
R. Term 9.80 yrs
Size/SF 9,002
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 9,100
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 9,100
Iron River, WI
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.90 yrs
Size/SF 9,100
Strawberry Plains, TN
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.80 yrs
Size/SF 9,750
Bingham, ME
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 9,100
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.70 yrs
Size/SF 9,100
Wonder Lake, IL
Cap Rate 7.25%
Lease NN+
R. Term 8.90 yrs
Size/SF 12,300
Saltsburg, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 10,640
Josephine, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Mount Savage, MD
Cap Rate 6.85%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 9,100
Livingston, TX
Cap Rate 6.49%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,026
Kittanning, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 10,640
Seward, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 10,640
Benton Harbor, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 10,681
Williford, AR
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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