New Dollar General 15 Year NNN Lease | 150 Wright St
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New Dollar General 15 Year NNN Lease 150 Wright St
10,640 SF Retail Building Lyndon Station, WI 53944 $2,733,052 CAD ($257 CAD/SF) 7.10% Cap Rate
Investment Highlights
- 15 year NNN Lease
- Corporately Guaranteed Lease
- 5% Rental increases in year 6
- Strong Credit Tenant
Executive Summary
Dollar General (DG), headquartered in Goodlettsville, Tennessee, has grown from a family-owned business to a leading discount retail chain and one of the most profitable stores in the rural United States. Founded in 1939, the company is well-known for its convenient locations and for offering affordable basic household supplies, such as health and beauty products, food, cleaning supplies, seasonal items and apparel. They strive to make shopping hassle-free and affordable 20,000+ convenient, easy-to-shop stores in 48 states. Dollar General
Corporation has been delivering value to shoppers for over 75 years.
Corporation has been delivering value to shoppers for over 75 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Year Built
2024
Price
$2,733,052 CAD
Price Per SF
$257 CAD
Cap Rate
7.10%
NOI
$194,046 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
1.70 AC
Zoning
Commercial - General Commercial
Parking
35 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
109 ft on Wright Street
PROPERTY TAXES
Parcel Number | 291460292 | Improvements Assessment | $0 CAD |
Land Assessment | $32,448 CAD | Total Assessment | $32,448 CAD |
PROPERTY TAXES
Parcel Number
291460292
Land Assessment
$32,448 CAD
Improvements Assessment
$0 CAD
Total Assessment
$32,448 CAD
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New Dollar General 15 Year NNN Lease | 150 Wright St
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