- For Sale $1,735,000
- Property Type Retail - Freestanding
- Property Size 10,566 SF
- Lot Size 1.55 Acre
- Property Tenancy Single Tenant
- Year Built 2023
- Date Updated Mar 14, 2024
-A corporate absolute NNN Dollar General with over 14 years remaining in the primary term and five, 5-year options to extend the lease at increased rents. The tenant is the country’s largest small-box discount retailer with over 19,900 stores nationwide.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Brand-new 15-year lease with extremely rare 5% rental increases in the base term and options
- The lease is backed by a corporate guaranty from Dollar General, #108 on the Fortune 500 list of companies
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- Dollar General generated $38.7 billion in 2023 fiscal year sales and a net income of $1.7 billion
- Dollar General currently operates over 19,900 stores in 47 states, making it the country’s largest small-box discount retailer
- The company features an investment grade S&P credit rating of BBB, which has been raised five times since 2009
False
Contacts
John Andreini
CP Partners
(415) 274-2715
Location
Getting Around
-
Walk Score ®
Car-Dependent (34) -
Bike Score ®
Somewhat Bikeable (35)
Powered by Walk Score ®
- City Wister, OK
- Neighborhood Wister
- Zip Code 94966
Points of Interest
-
EZ Mart
5.07 miles
-
Buds Country Junction
7.14 miles
-
KFC
8.90 miles
-
McDonald's
8.90 miles
-
Villas Tortilleria
8.91 miles
-
Sonic
8.93 miles
-
Pizza Hut
9.05 miles
-
Western Sizzlin'
9.22 miles
-
Arby's
9.30 miles
-
Marvins
7.69 miles
Contact Listing Broker
John Andreini
CP Partners
(415) 274-2715