Price $1,562,068 | Built/Renov 2015 | Tenant Dollar General |
Cap Rate 7.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
9,100
| Lease Start
02-10-2015
| #Units
19,294
|
Price/SF $171.66 | Expiration
02-28-2030
| Tenant Type Dollar/Discount |
NOI $113,250 | R. Term 6.2 | Ownership Fee Simple |
Rent/SF
$12.45
| Increases 10.0%/6/yrs | Pop 5Mi 21,977 |
Lot/AC 1.36 | Options 3/5yrs/10% | AHHI 5Mi $78,557 |
| |
Dollar General is strategically located along Route 940, with access to 1,800 vehicles passing by daily. The property is part of an excellent retail corridor, surrounded by national tenants, such as Walmart Super Center, Lowes, Aldi, Exxon, CVS, Tractor Supply, Starbucks, and more. The 5-mile trade area is supported by a population of 21,977 residents, with an average household income of...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Freeway close
Highway location
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 : | 1,266 | 8,885 | 20,921 |
2023 Total Population : | 1,301 | 9,084 | 21,178 |
2023 Employed Civilian Pop : | 635 | 4,248 | 9,969 |
2023 Total Businesses : | 60 | 395 | 749 |
2023 Average Household Income : | $ 90,381 | $ 92,687 | $ 92,892 |
2023 Total Consumer Spending : | $ 39 M | $ 284 M | $ 662 M |
2023 Median Age : | 46 | 44 | 43 |
2023 Total Households : | 506 | 3,554 | 8,259 |
2023 Pop Age 25+: Bachelor's Degree : | 122 | 871 | 2,164 |
2023 Average Home Value : | $ 285,909 | $ 261,345 | $ 249,144 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Willow Grove Rd | 2021 | 8,202 | 0.24 mi | |
Sr4002 | 2022 | 8,017 | 0.24 mi | |
Long Pond Road | Summit View Dr | 2021 | 10,000 | 0.53 mi |
PA 940 | Sr4002 | 2020 | 6,575 | 0.56 mi |
Rte 940 E | 2021 | 2,597 | 0.61 mi | |
Wintergreen Ln | 2021 | 2,383 | 0.61 mi | |
I 380 | Wintergreen Ln | 2022 | 12,030 | 0.63 mi |
State Rte 940 | Sunset Strip | 2017 | 7,187 | 0.64 mi |
Woodland Dr | 2022 | 11,562 | 0.66 mi | |
Pocono Summit Rd | 2021 | 1,838 | 0.69 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]