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Dollar General with Assumable 3.88% Loan 406 S Main St 9,026 SF Retail Building Walton, IN 46994 $1,703,022 CAD ($188.68 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
- Corporate Guarantee with Over 20,000 Stores
- Absolute Net Lease With Just Under 10 Years Remaining on Base Term – 6/30/2035
- Built-to-Suit in 2020
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Triple Net
- Jun 2035
DG is proud to be America’s neighborhood general store. They 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 | - | - | Triple Net | Jun 2035 |
PROPERTY TAXES
| Parcel Number | 09-18-31-300-006.000-022 | Improvements Assessment | $741,513 CAD |
| Land Assessment | $94,504 CAD | Total Assessment | $836,017 CAD |
PROPERTY TAXES
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Dollar General with Assumable 3.88% Loan | 406 S Main St
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