Description
This Dollar General Market opened in July of 2024. This is a true NNN 15-year initial lease with a 7% CAP. Lease increases by 5% every five years. There are five successive five-year extensions options which also contain 5% bumps with each extension. This a great long-term investment opportunity with one of the most stable and successful companies in existence. Yearly rental income is $143,712.
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0BEDS
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2ACRES
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2BATHS
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01/2 BATHS
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10,640SQFT
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$193$/SQFT
School Information
Description
This Dollar General Market opened in July of 2024. This is a true NNN 15-year initial lease with a 7% CAP. Lease increases by 5% every five years. There are five successive five-year extensions options which also contain 5% bumps with each extension. This a great long-term investment opportunity with one of the most stable and successful companies in existence. Yearly rental income is $143,712.
© 2025 Shoals Area Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2025-04-24T15:32:57.05.