NNN Dollar General, North Ft Myer FL

  • Price: US $ 1,935,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 6.2 %
  • Building Area: approx. 9,100 SF = 845 m²
  • Lot:  approx. 95,832 SF = 8,903 m²
  • NOI: US 119,964
  • Annual Expenses: Absolute NNN Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 9 years remaining
  • Increases: In options 10% every 5 years.
  • Extensions: Three 5 years Options
  • Guarantor: Dollar General Corporation (NYSE: DG) S&P BBB Moody Baa2 operates 15,597 stores y 44 states (as of May 3, 2019)
  • Location: In front of Raintree RV Resort. Drive by visibility on Tamiami trail (US. 41) where traffic counts exceed 44,880 CDP total population in (5mi) 54,026 HH Income Explosive population growth 2010-2019 3Mi 28.08%