Financial Summary
Asking Price | $1,314,700 |
Cap Rate | 7.25% |
Net Operating Income (NOI) | $95,319 |
Lease Type | NN |
Lease Term Remaining | 8 Years |
Offering Memorandum
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Highlights
- Recent option extension shows commitment to location
- Rent increase in 2023
- Above market rental increases during option periods
- Located on US Route with 21,000 VPD
- Dollar General Corp (NYSE: DG) is S&P rated “BBB” Investment Grade
- Dollar General has been deemed an Essential Business
Net Lease Advisor
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Location
2000 US Highway 23 South
Weber City, VA