Discount
Dollar General Mini Market | Additional Billboard Income | New 15-Year Absolute NNN
Fancy Gap Hwy. & Tab Ln., Cana, VA 24317
Listing Price: $2,046,000
Cap Rate
6.95%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,690
Lease Type
Absolute Net
Rent Per Square Feet
$13.30
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Cana, VA.
Dollar General Mini Market | Additional Billboard Income | New 15-Year Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,500+ Stores
- Brand New 2025 Construction on an Oversized Parcel
- Strategic Location, Nearest Dollar General Market Store is Over 19 Miles Away
- Additional Billboard Income from Adams Outdoor, 4th Largest Out-of-Home Advertising Operator in the U.S.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Discount
Dollar General Mini Market | Additional Billboard Income | New 15-Year Absolute NNN
Listing Price: $2,046,000
Cap Rate
6.95%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,690
Lease Type
Absolute Net
Rent Per Square Feet
$13.30
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,500+ Stores
- Brand New 2025 Construction on an Oversized Parcel
- Strategic Location, Nearest Dollar General Market Store is Over 19 Miles Away
- Additional Billboard Income from Adams Outdoor, 4th Largest Out-of-Home Advertising Operator in the U.S.
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Cana, VA.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
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