DG – Elsie, MI

$1,257,575
Price
$83,000
Noi
6.60%
Cap Rate
9,100
Leasable Area
2017
Year Built

CONTACT US REGARDING THIS LISTING

DOWNLOAD LINKS

OFFERING MEMORANDUM

Lease Guarantor: Dollar General Corp (S&P: Investment Grade BBB)
Asking Price: $1,257,575
Cap Rate: 6.60%
Lot Size: 1.00 +/- SF
Building: 9,100 SF
Lease Term: 15 Years
Options: Four, (5) Year Renewals, 10% Rent Increase at Each
Lease Type: Absolute NNN – Tenant pays Taxes, CAM, Insurance, Roof & Structure.
Rent Start Date: 7/16/2017
Rent End Date: 7/31/2032
Architecture: Prototype
Rent Schedule: Years 1-15 $83,000