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| Price $1,880,652 $2,065,968 | Built/Renov 2022 | Tenant Dollar General |
| Cap Rate 6.87% 6.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,640
| Lease Start
03-20-2023
| #Units
19,986
|
| Price/SF $176.75 $194.17 | Expiration
03-31-2038
| Tenant Type Dollar/Discount |
| NOI $129,123 | R. Term 12.8 | Ownership Fee Simple |
| Rent/SF
$12.14
| Increases 10.0%/14/yrs | Pop 5Mi 244,284 |
| Lot/AC 1.67 | Options 4/5yrs/10% | AHHI 5Mi $103,047 |
| | |
Dollar General is strategically located on Delsea Drive, with access to 16,338 vehicles passing by daily. The property's advantageous location is further enhanced by its close proximity to an entry point along Interstate-295, which boasts daily traffic counts of 77,587 VPD. Adjacent to the property lies Chestnut Lane Apartments, comprising 268 units. Additionally, the property enjoys proximity...
...New construction
Dense retail corridor
Near major nationals
Freeway close
Top 100 MSA
Strong demographics
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 . 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 : | 9,196 | 77,529 | 243,444 |
| 2023 Total Population : | 9,118 | 77,627 | 244,284 |
| 2023 Employed Civilian Pop : | 4,698 | 39,532 | 125,370 |
| 2023 Total Businesses : | 283 | 2,660 | 6,818 |
| 2023 Average Household Income : | $ 96,095 | $ 99,041 | $ 103,047 |
| 2023 Total Consumer Spending : | $ 324 M | $ 2673 M | $ 8709 M |
| 2023 Median Age : | 40 | 42 | 41 |
| 2023 Total Households : | 3,923 | 31,492 | 98,503 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,082 | 9,943 | 36,351 |
| 2023 Average Home Value : | $ 297,208 | $ 278,631 | $ 299,540 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Delsea Dr | Chestnut Ln | 2013 | 16,778 | 0.00 mi |
| Delsea Drive | Moore Ave | 2017 | 10,100 | 0.18 mi |
| Moore Ave | Andaloro Way | 2012 | 2,259 | 0.20 mi |
| Carteret Ave | Delsea Dr | 2001 | 890 | 0.22 mi |
| Delsea Drive | 2018 | 9,763 | 0.23 mi | |
| Andaloro Way | Murphy Ave | 2014 | 2,167 | 0.24 mi |
| Pfeiffer Ln | 2018 | 673 | 0.25 mi | |
| Andaloro Way | Moore Ave | 2017 | 2,330 | 0.25 mi |
| Delsea Dr | Woodland Ave | 2002 | 19,841 | 0.25 mi |
| Delsea Dr | 2018 | 5,161 | 0.28 mi |
Litchfield Park, AZ
Cap Rate 5.61%
Lease NN+
R. Term 7.80 yrs
Size/SF 9,600
Elm City, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,770
Rose Hill, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 12,562
Maysville, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,687
Broken Arrow, OK
Cap Rate 7.00%
Lease NN+
R. Term 9.00 yrs
Size/SF 10,000
Atlantic City, NJ
Cap Rate 7.00%
Lease Double NN
R. Term 8.70 yrs
Size/SF 6,959
Stockbridge, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 12,480
Albany, NY
Cap Rate 6.00%
Lease Double NN
R. Term 7.30 yrs
Size/SF 7,857
Edgewater, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 7,489
Chase City, VA
Cap Rate 7.05%
Lease Double NN
R. Term 12.30 yrs
Size/SF 13,110
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
Alexander, AR
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,668
Bisbee, AZ
Cap Rate 6.60%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,566
Mount Vernon, TX
Cap Rate 6.70%
Lease Double NN
R. Term 9.30 yrs
Size/SF 1,320
Hartford, CT
Cap Rate 5.85%
Lease Abs NNN
R. Term 7.20 yrs
Size/SF 7,500
Wysox, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,640
Nebo, NC
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 12,687
Fountaintown, IN
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,640
Shannon Hills, AR
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Chilton, TX
Cap Rate 7.05%
Lease Double NN
R. Term 9.90 yrs
Size/SF 10,500
Lenoir City, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Mercer, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Harveysburg, OH
Cap Rate 6.95%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 10,640
Dassel, MN
Cap Rate 6.88%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Byron, NY
Cap Rate 6.35%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 9,026
Rockwood, TN
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 10,566
Ford City, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Blakely, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Townsend, DE
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Richland, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,480
Log Lane Village, CO
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Viburnum, MO
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 12,668
Natrona Heights, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 9,100
Wetumpka, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,640
Deep Run, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,480
Hobart, IN
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,480
McKeesport, PA
Cap Rate 6.75%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 10,566
Sutherland, VA
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Monroe, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 10,640
Bronson, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,687
Wright City, MO
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,668
Altoona, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 9,100
Aitkin, MN
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,566
Brodhead, WI
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,668
Oscoda, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 12,480
Tse Bonito, AZ
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 9,100
Henderson, NC
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,542
Marshall, MN
Cap Rate 7.25%
Lease Double NN
R. Term 9.20 yrs
Size/SF 10,500
Scottville, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 12,480
Lakehills, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,687
Autryville, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 12,480
Walnut Springs, TX
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,651
Glenfield, NY
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,663
Vicksburg, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Horseshoe Bend, AR
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,687
Athens, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 3.50 yrs
Size/SF 12,480
Hartford, CT
Cap Rate 6.25%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 7,510
Faison, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,668
Greers Ferry, AR
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,668
Brookland, AR
Cap Rate 7.15%
Lease Double NN
R. Term 9.90 yrs
Size/SF 10,500
Chase, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Genesee, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,480
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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