Dollar General

588 S Front St., Sandersville, MS
Deal Type:
Net Lease
Price:
$1,325,000
Cap Rate:
7.65%
Current Rent:
$101,409
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
5, 5-year options
Building Sq. Ft.:
12,406 SF
Rent Increases:
10% increase in Options
Site Size:
2.00 Acres

Investment Highlights

  • Zero Landlord Responsibilities: Absolute NNN lease structure allowing for passive ownership.
  • Investment Grade Credit: Dollar General is the largest retailer in the United States, rated BBB by Standard and Poor’s.
  • Commitment to the Site: Dollar General has executed their first option period 3 years early.
  • Demographics: Stable and viable market with a population of over 10,000 residents within a 7-mile radius.
  • Dollar General Market: Location provides grocery goods to the immediate market ~ Market concept provides customers with larger selection of produce and fresh grocery options.
  • Large Parcel: Asset sits on a large 2 acre parcel.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

Broker of Record: Dean Copans, Lic #24178

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