Dollar General NNN Property For Sale — unknown
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This Dollar General property represents a compelling investment opportunity, offering reliable returns from an investment-grade, credit-rated tenant. Dollar General is a robust company, demonstrating commitment to growth through new brand additions, larger-footprint stores, omnichannel distribution, and an increasing number of distribution centers. Typically selling between $1-2 million, these properties offer responsibility-free ownership with absolute NNN leases and strong corporate-guaranteed 15-year leases on new construction. The lease features 10% rent increases in each 5-year option period. This asset is an excellent choice for investors seeking stability and a straightforward transaction, making it ideal for 1031 exchanges and new NNN investors.
- Address: unknown
- Asking price $1.50M
- 5.75% cap rate
- NOI $86,250
- 15 years remaining
- NNN lease
- Rent increases: 10% rent increases in each 5-year option period.
- Guarantor: Corporate
Asset type: Retail