List Price of $1,351,936 yielding a 7.75% cap rate
2020 built-to-suit construction for Dollar General with over 10.50 years remaining on the initial 15 year term
Low Rents: Low rents provide the tenant with healthier operating margins when compared to newer construction product.
The tenant has three, 5-year options to extend the lease including 10% rental increases at the start of each option period.
Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow
Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap.
Limited Competition: There are no other competing retailers or convenience stores in town and the nearest competing dollar store is located over 5 miles away.
Knoxville, PA is located 45 miles west of Athens, PA & 20-miles northwest of Mansfield, PA.