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Elan Sieder

Sands Investment Group

Office Phone: 512-649-5185

 

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Published on: Saturday, April 18, 2015 10:40:49 AM
Updated on: Friday, April 24, 2015 4:19:28 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Texas-41043

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 10,640 SqFt

Lot Size: 45,000 SqFt.

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Dollar General Corporation, incorporated in 1955, is a discount retailer in the United States by number of stores, with over 11,000 stores located in approximately 39 states as off 2013, primarily in the southern, southwestern, Midwestern and eastern United States.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6.15

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 10,640 SqFt.

No of Stories: 1

Total Lot Area: 45000.00 SqFt.

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


Dollar General Corporation, incorporated in 1955, is a discount retailer in the United States by number of stores, with over 11,000 stores located in approximately 39 states as off 2013, primarily in the southern, southwestern, Midwestern and eastern United States.   The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company's merchandise includes national brands from manufacturers, as well as private brand selections with prices at substantial discounts to national brands. It offers its merchandise at everyday low prices through its convenient small-box (approximately 7,200 square feet) locations.

Additional Properties


Property Highlights
  • Single tenant absolute NNN Dollar General with new 15 year lease
  • 10% rental increase at options
  • Four 5 year options to renew
  • Lease guaranteed by Dollar General Corporate
  • Ideal demographics with over 71,000 residents within 5 miles

Attached Documents


 Download | OFFERING MEMORANDUM ( 1,346.53KB)

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