Log In/Sign Up
Your email has been sent.
Dollar General Portfolio of 6 5 Retail Properties Offered at $4,577,235 CAD in Multiple Locations
Investment Highlights
- Investment-Grade Credit Tenant
- Long Operating Histories
- Minimal Competition
- Essential Retailer | Recession Proof
- Well Below Market Rent
- Below Replacement Cost
Executive Summary
Northmarq, on behalf of ownership as its exclusive advisor, is pleased to offer the opportunity to acquire the fee simple ownership interest in a portfolio of six Dollar General properties located in Arkansas, Mississippi and Tennessee (“Properties”). The Properties are available individually as well.
The Properties range in building size from 8,000 SF to 9,100 SF on land parcels ranging in size from 0.65 AC to 3.0 AC. The Properties were delivered between 1999 and 2006 and have been successfully operating at their locations since.
The Properties are subject to NN leases which are guaranteed by Dollar General Corporation (“Tenant”), the largest discount retailer in the United States with over 20,000 locations in 48 states and Mexico. Dollar General carries an investment grade credit rating of BBB/Stable by S&P Global Ratings. Each Property is positioned with direct frontage along main roads with excellent visibility and access.
The Properties range in building size from 8,000 SF to 9,100 SF on land parcels ranging in size from 0.65 AC to 3.0 AC. The Properties were delivered between 1999 and 2006 and have been successfully operating at their locations since.
The Properties are subject to NN leases which are guaranteed by Dollar General Corporation (“Tenant”), the largest discount retailer in the United States with over 20,000 locations in 48 states and Mexico. Dollar General carries an investment grade credit rating of BBB/Stable by S&P Global Ratings. Each Property is positioned with direct frontage along main roads with excellent visibility and access.
Property Facts
| Price | $4,577,235 CAD | Number of Properties | 6 |
| Price / SF | $102.07 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 44,845 SF |
| Sale Type | Investment | Total Land Area | 9.10 AC |
| Status | Active |
| Price | $4,577,235 CAD |
| Price / SF | $102.07 CAD / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 44,845 SF |
| Total Land Area | 9.10 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Dollar General
3732 Interstate 55, Marion, AR 72364 |
Retail | 8,000 SF | 2000 | - |
|
Dollar General
140 N Guyton Blvd, Blue Mountain, MS 38610 |
Retail | 9,044 SF | 2007 | - |
| 706 S Rutherford Dr, Kilmichael, MS 39747 | Retail | 9,428 SF | 2006 | - |
| 1907 City Ave N, Ripley, MS 38663 | Retail | 9,140 SF | - | - |
|
Dollar General
6205 Highway 57, Counce, TN 38326 |
Retail | 9,233 SF | 1999 | - |
1 1
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Dollar General Portfolio of 6
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.