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Dollar General | 2.50% Buyside Fee 14307 Summit Rd 10,566 SF 100% Leased Retail Building Summit, SD 57266 $2,185,333 CAD ($206.83 CAD/SF) 6.65% Cap Rate
Executive Summary
New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Year Built
2022
Price
$2,185,333 CAD
Price Per SF
$206.83 CAD
Cap Rate
6.65%
NOI
$145,325 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.94 AC
Parking
32 Spaces (3.03 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 15782 | Improvements Assessment | $901,625 CAD |
| Land Assessment | $57,293 CAD | Total Assessment | $958,918 CAD |
Property Taxes
Parcel Number
15782
Land Assessment
$57,293 CAD
Improvements Assessment
$901,625 CAD
Total Assessment
$958,918 CAD
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Dollar General | 2.50% Buyside Fee | 14307 Summit Rd
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