Price $3,150,000 | Built/Renov 2013 | Tenant Dollar General |
Cap Rate 5.83% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
12,380
| Lease Start
12-01-2013
| #Units
19,294
|
Price/SF $254.44 | Expiration
09-30-2028
| Tenant Type Dollar/Discount |
NOI $183,762 | R. Term 4.9 | Ownership Fee Simple |
Rent/SF
$14.84
| Increases 10.0%/5/yrs | Pop 5Mi 13,730 |
Lot/AC 1.27 | Options 2/5yrs/10% | AHHI 5Mi $75,977 |
| |
Dollar General is located at the signalized, hard corner intersection of E Hobsonway and N 9th St., with access to 14,300 vehicles passing by daily. The property is ideally positioned off I-10 (30,000 VPD), providing direct on/off ramp access for travelers. The immediate trade area is supported by national retailers such as AutoZone, Rite Aid, Starbucks, Dollar Tree, and more. Additionally,...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Freeway close
Top 100 MSA
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 : | 6,692 | 12,438 | 13,920 |
2023 Total Population : | 6,546 | 12,215 | 13,730 |
2023 Employed Civilian Pop : | 2,821 | 5,083 | 5,703 |
2023 Total Businesses : | 274 | 455 | 513 |
2023 Average Household Income : | $ 71,923 | $ 76,423 | $ 75,977 |
2023 Total Consumer Spending : | $ 148 M | $ 293 M | $ 337 M |
2023 Median Age : | 32 | 33 | 34 |
2023 Total Households : | 2,356 | 4,402 | 5,074 |
2023 Pop Age 25+: Bachelor's Degree : | 343 | 659 | 716 |
2023 Average Home Value : | $ 180,282 | $ 227,526 | $ 230,466 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
E Hobsonway | N 8th St | 2005 | 11,058 | 0.10 mi |
N 7th St | E Hobsonway | 2005 | 4,972 | 0.21 mi |
S 7th St | E Rice St | 2005 | 6,952 | 0.23 mi |
E Hobsonway | N 7th St | 2005 | 12,697 | 0.27 mi |
I 10 | S Sixth St | 2021 | 27,750 | 0.36 mi |
10 | S Intake Blvd | 2018 | 29,000 | 0.41 mi |
10 | S Sixth St | 2018 | 29,000 | 0.43 mi |
S 7th St | E 14th Ave | 2009 | 520 | 0.65 mi |
E Hobsonway | S 1st St | 2005 | 13,564 | 0.67 mi |
10 | S First St | 2018 | 28,300 | 0.69 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]