Property Details

Dollar General

Penfield, PA
Property ID: 11044

Financial Summary

Asking Price $1,519,761
Cap Rate 6.70%
Net Operating Income (NOI) $101,823
Lease Type NNN
Lease Term Remaining 14 Years

Offering Memorandum

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Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • New 2018 construction
  • 14 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)
  • 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

11915 Bennetts Valley Hwy
Penfield, PA

Traci BidingerDollar General