NNN Dollar General- Lake Wales FL

  • Price: US $ 1,960,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 6.0 %
  • Lot: 77,536 SF= 7203 m²
  • Building Area: approx.  9,100 SF = 845 m²
  • NOI: US $117,600
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 15 years’ new construction commencing 10/01/2019
  • Increases: 10% in options
  • Extensions: four- 5 years’ options
  • Guarantor: Dollar General Corporation
  • Location: This Dollar General is highly visible as it is strategically positioned on the corner of Boy Scout Camp Road and State Road 60 E, which sees 7,928 cars per day. The ten-mile population from the site is 39,628 while the three-mile average household income is $49,919 per year, making this location ideal for a Dollar General.