NNN Dollar General Lauder, Hill

  • Price: US $ 1,372,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 6.35 %
  • Building Area: approx.  9100 SF =m²
  • Lot:  approx.  68,824 SF = 6,394 m²
  • NOI: US 87,088
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 15 -years
  • Increases: 10% in options
  • Extensions: four- 5 years’ options
  • Guarantor: Dollar General which is a publicly traded (NYSE: DG) Fortune 500 company
  • and is BBB investment grade rate. Dollar General has been in business for 79 years and has a current net
  • worth of over $6B.
  • Location: Between Pensacola and Panama City.