Property Details

Dollar General

Weber City, VA
Property ID: 14560

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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Contact

Stanley Wyrwicz
Senior Vice President
781.856.9270
Andrew Wilmoth
Senior Associate
865.474.8786
Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
202.644.8700

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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

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

2000 US Highway 23 South
Weber City, VA

Traci BidingerDollar General