Dollar General | 9yrs Remain Corp Abs NNN 1348 Sammons St 9,100 SF Retail Building Damascus, GA 39841 $1,664,664 CAD ($182.93 CAD/SF) 7.09% Cap Rate
INVESTMENT HIGHLIGHTS
- 9.5 Years Remaining | Scheduled Rental Increases Corporate Guaranteed
- Hard Corner Intersection | Limited Competition | Southwest Georgia Academy | Excellent Visibility & Access
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
EXECUTIVE SUMMARY
• The lease features 10% increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,345 location as of August 2024
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
DG is proud to be America’s neighborhood general store. We strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | D020C03006 | Improvements Assessment | $185,705 CAD |
| Land Assessment | $11,007 CAD | Total Assessment | $196,712 CAD |
