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| Price $1,274,545 $1,379,016 | Built/Renov 2021 | Tenant Dollar General |
| Cap Rate 6.60% 6.10% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,566
| Lease Start
01-25-2022
| #Units
19,986
|
| Price/SF $120.63 $130.51 | Expiration
01-31-2037
| Tenant Type Dollar/Discount |
| NOI $84,120 | R. Term 11.9 | Ownership Fee Simple |
| Rent/SF
$7.96
| Increases 10.0%/13/yrs | Pop 5Mi 7,805 |
| Lot/AC 2.13 | Options 5/5yrs/10% | AHHI 5Mi $43,353 |
| | |
The subject property is ideally situated on State Hwy 23, which sees traffic counts in excess of 14,000+ vehicles per day. Additionally, it is within close proximity to Commercial St. (15,000+ VPD) and Interstate 40 (30,000+ VPD). Surrounding national tenants include Walgreens, McDonald's, NAPA, Sonic, Subway, Walmart, and more, creating a strong drive to the area and promoting crossover...
...New construction
New prototype
Build to suit
Near major nationals
Highway location
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 24 | 3,318 | 5,831 |
| 2023 Total Population : | 24 | 3,324 | 5,865 |
| 2023 Employed Civilian Pop : | 9 | 1,093 | 2,051 |
| 2023 Total Businesses : | 10 | 163 | 269 |
| 2023 Average Household Income : | $ 43,983 | $ 40,293 | $ 47,884 |
| 2023 Total Consumer Spending : | $ 0 M | $ 45 M | $ 97 M |
| 2023 Median Age : | 39 | 39 | 41 |
| 2023 Total Households : | 7 | 1,252 | 2,274 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1 | 85 | 223 |
| 2023 Average Home Value : | $ 125,000 | $ 114,478 | $ 128,255 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 40 | Hwy 23 | 2021 | 2,200 | 0.17 mi |
| 40 | Hwy 23 | 2021 | 1,900 | 0.21 mi |
| 40 | State Hwy 23 | 2021 | 1,700 | 0.24 mi |
| AR 23 | Puddin Ridge Rd | 2021 | 5,400 | 0.30 mi |
| 40 | Hwy 23 | 2021 | 2,600 | 0.31 mi |
| 2019 | 480 | 0.91 mi | ||
| AR 23 | Hwy 352 | 2021 | 3,100 | 1.10 mi |
| N 3rd St | 2019 | 460 | 1.45 mi | |
| Commerce Dr | N 18th St | 2002 | 1,700 | 1.64 mi |
| I 40 | N 3rd St | 2021 | 22,000 | 1.72 mi |
Caledonia, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,301
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Marion, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,100
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,026
Magazine, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,026
Humnoke, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 9,002
Waterflow, NM
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Livingston, TX
Cap Rate 6.49%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,026
Weidman, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Brodhead, KY
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.00 yrs
Size/SF 9,100
Beaumont, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,026
Provencal, LA
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,014
Bitely, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Sturgis, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Williford, AR
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 9,100
Livingston, IL
Cap Rate 6.75%
Lease NN+
R. Term 9.30 yrs
Size/SF 9,002
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 9,100
Bostic, NC
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 9,100
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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