Year Build: 0
Building Size: 0 SqFt.
No of Stories: 0
Total Lot Area: 0.00 Not Specified
No of Parking: 0
No of Total Units: 0
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
INVESTMENT SUMMARY
List Price: $1,750,321
Price PSF: $141.09
Current NOI: $119,897
Rent PSF: $9.66
Initial Cap Rate : 6.85%
Square Footage: 12,406 (DG “PLUS” Location)
Land Acreage: 1.38
Year Built: 2013
For Online Aerial Map: Click Here
LEASE SUMMARY
Lease Type: NNN
Taxes/CAM/Insurance: Tenant Responsibilities
Roof & Capital Repairs: Tenant Responsibilities
Original Lease Term: 15 Years
Lease Commencement: October 26, 2013
Current Term Expiration: October 31, 2028
Term Remaining: 13.75 Years
Rent Increases: 3% in Year 11 | 10% at Each Option
Renewal Options: Five (5), Five (5) Year Options
Lease Guarantor: Corporate
Tenant Credit Rating: S&P Credit Rating: “BBB-”