DG – Middleton, MI

$1,227,878
Price
$81,040
Noi
6.60%
Cap Rate
9,100
Leasable Area
2017
Year Built

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OFFERING MEMORANDUM

Lease Guarantor: Dollar General Corp (S&P: Investment Grade BBB)
Asking Price: $1,227,878
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: 7/2/2017
Rent End Date: 7/31/2032
Architecture: Prototype
Rent Schedule: Years 1-15 $81,040