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| Price $2,368,526 | Built/Renov 2024 | Tenant Dollar General Market |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,668
| Lease Start
01-26-2024
| #Units
19,294
|
| Price/SF $186.97 | Expiration
01-25-2039
| Tenant Type Dollar/Discount |
| NOI $153,954 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$12.15
| Increases 5.0%/5/yrs | Pop 5Mi 6,890 |
| Lot/AC 1.72 | Options 4/5yrs/5% | AHHI 5Mi $81,846 |
| | |
This newly constructed Dollar General Market is strategically located on 11th Street, benefiting from it close proximity to Genesis Medical Center, DeWitt and MercyOne DeWitt Family Medicine. The property is surrounded by well-known national tenants, including McDonald's, Pizza Hut, Dairy Queen, and several others. Moreover, it is conveniently situated within 1 mile of Ekstrand Elementary...
...New construction
Near major nationals
Strategically located
Hospital close
Brand new lease
Long 15+ yr lease
Absolute NNN
Traded and rated company
Corporate Guarantee
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 : | 4,626 | 6,400 | 7,626 |
| 2023 Total Population : | 4,650 | 6,437 | 7,684 |
| 2023 Employed Civilian Pop : | 2,119 | 3,020 | 3,729 |
| 2023 Total Businesses : | 239 | 335 | 375 |
| 2023 Average Household Income : | $ 101,895 | $ 101,432 | $ 106,141 |
| 2023 Total Consumer Spending : | $ 165 M | $ 232 M | $ 288 M |
| 2023 Median Age : | 42 | 42 | 43 |
| 2023 Total Households : | 1,876 | 2,643 | 3,148 |
| 2023 Pop Age 25+: Bachelor's Degree : | 848 | 1,163 | 1,348 |
| 2023 Average Home Value : | $ 238,779 | $ 242,767 | $ 249,432 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 11th St | 14th Ave | 2006 | 8,900 | 0.06 mi |
| 11th Street | Westbrook Dr | 2022 | 8,900 | 0.12 mi |
| 12th Ave | 15th St | 2006 | 600 | 0.29 mi |
| 7th St | 10th Ave | 2006 | 2,140 | 0.38 mi |
| 14th Ave | Elm Ct | 2006 | 1,630 | 0.41 mi |
| 14th St | 8th Ave | 2006 | 1,500 | 0.44 mi |
| 8th Ave | 12th St | 2006 | 2,500 | 0.47 mi |
| Springbrook Rd | 225th St | 2006 | 390 | 0.55 mi |
| 6th Ave | 14th St | 2006 | 2,650 | 0.66 mi |
| 8th St | 5th Ave | 2006 | 870 | 0.74 mi |
Trenton, NJ
Cap Rate 6.35%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 8,313
Warrenton, VA
Cap Rate 6.05%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,640
Laredo, TX
Cap Rate 7.15%
Lease Double NN
R. Term 9.10 yrs
Size/SF 10,000
Broken Arrow, OK
Cap Rate 7.00%
Lease NN+
R. Term 9.00 yrs
Size/SF 10,000
Mulberry, IN
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 12,687
Carthage, NY
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 10,859
Townsend, DE
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Hamden, CT
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,640
Hobart, IN
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,480
Henderson, NY
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,663
Lenoir City, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Wright City, MO
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,668
Mocksville, NC
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 10,640
Indiana, PA
Cap Rate 7.20%
Lease NN+
R. Term 14.10 yrs
Size/SF 14,285
Lakehills, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,687
Newburgh, IN
Cap Rate 7.20%
Lease Double NN
R. Term 10.10 yrs
Size/SF 10,000
Maysville, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,687
Tse Bonito, AZ
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 9,100
Lancaster, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 10,640
Princess Anne, MD
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 12,592
Greers Ferry, AR
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,668
El Campo, TX
Cap Rate 5.85%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 10,857
Goldsboro, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 12,668
Syracuse, NY
Cap Rate 6.10%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 10,566
Alexander, AR
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,668
Aitkin, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,566
Log Lane Village, CO
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Rockford, IL
Cap Rate 6.15%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 12,687
Litchfield Park, AZ
Cap Rate 5.61%
Lease NN+
R. Term 8.30 yrs
Size/SF 9,600
Sierra Vista, AZ
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Cross City, FL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,480
Vicksburg, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Grain Valley, MO
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Pilot Mountain, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,480
Nebo, NC
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 12,687
Traverse City, MI
Cap Rate 7.00%
Lease Double NN
R. Term 9.10 yrs
Size/SF 9,000
Vernon, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 12,687
Dassel, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Taft, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Dandridge, TN
Cap Rate 6.70%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,764
Harveysburg, OH
Cap Rate 6.95%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 10,640
Higganum, CT
Cap Rate 5.61%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 10,640
Albany, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,480
Morehead City, NC
Cap Rate 6.75%
Lease Double NN
R. Term 10.30 yrs
Size/SF 13,813
Genesee, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,480
Hartford, CT
Cap Rate 5.85%
Lease Abs NNN
R. Term 7.20 yrs
Size/SF 7,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
