DG – Tchula, MS

$895,950
Price
$71,676
Noi
8.0%
Cap Rate
9,014
Leasable Area
2011
Year Built

CONTACT US REGARDING THIS LISTING

DOWNLOAD LINKS

OFFERING MEMORANDUM

Fortis Net Lease is proud to present for sale this single tenant Dollar General net lease
asset in Tchula, Mississippi. This corporately guaranteed NN lease was built to suite
Dollar General in 2011. Dollar General, in additional to their monthly rent pays the
landlord $308 a month for Common Area Maintenance. If the maintenance required
exceeds the $308/month Dollar General will settle for the difference so long as they
agree the maintenance performed was necessary.

• Corporate Guarantee by Dollar General | S&P Rating: “BBB”
• NN Lease | Requires Minimal Landlord Responsibility
• Building was Built-to-Suit Dollar General in 2011
• Lease Features 3% Rent Increase During Primary Term
• Lease Feature 10% Rent Increases at Each of the 5, 5 Yr Options