Property Details

Dollar General

Franklin, PA
Property ID: 11048

Financial Summary

Asking Price $1,548,537
Cap Rate 6.70%
Net Operating Income (NOI) $103,752
Lease Type NNN
Lease Term Remaining 13+ Years

Offering Memorandum

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Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • New 2017 construction
  • 13+ years remaining on primary lease term
  • Absolute NNN lease – no landlord responsibilities
  • 10% structured rent increases every 5 years in the option periods
  • Investment grade tenant (S&P: BBB)
  • Average HH income of $59,666 within 3 miles
  • Over 10,000 people live within 3 miles of the store & traffic counts are 10,000 VPD
  • View why Dollar General is a popular net lease asset

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

1407 Pittsburgh Rd
Franklin, PA

Traci BidingerDollar General