Type: Free Standing
Occupancy: 100%
CAP Rate: 6.25%
Rentable Square Feet: 9,266SF = 860m2
Lot Sizes: 1.22AC = 4,940m2
NOI: $97,614/year
Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including property taxes and insurance
Lease Term: NEW 15 Years (January/2017 to December/2031)
Rent Increase: 10% every option period
Extension: 4 - 5 Year Options
Guarantor: Corporate - Dollar General Corp. (One of Nation’s largest retailers in US. Over 13,000 stores in
40 States. Rating BBB, Market Cap: $21,84 Billions )
Location: Located in Holt - Pensacola, on HWY-90.