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Dollar General | Absolute NNN Lease | Corporate Guaranty

6840 W Lee Hwy, Rural Retreat, VA 24368

Listing Price: $1,270,000

Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.37

Investment Overview

Dollar General with 5+ years remaining on an absolute NNN lease, zero landlord responsibilities, and a corporate guaranty. Situated on a 1-acre lot along Lee Highway less than a mile from I-81, with a 13% rental increase in the first option period and three additional 5-year renewal options at 10% increases each.

Investment Highlights

  • 13% Rental Increase in First Option Period
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Corporate Guaranty from Dollar General Corporation
  • Three, 5-year Options with 10% Rental Increases

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Discount

Dollar General | Absolute NNN Lease | Corporate Guaranty

Listing Price: $1,270,000

Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.37

Investment Highlights

  • 13% Rental Increase in First Option Period
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Corporate Guaranty from Dollar General Corporation
  • Three, 5-year Options with 10% Rental Increases

Investment Overview

Dollar General with 5+ years remaining on an absolute NNN lease, zero landlord responsibilities, and a corporate guaranty. Situated on a 1-acre lot along Lee Highway less than a mile from I-81, with a 13% rental increase in the first option period and three additional 5-year renewal options at 10% increases each.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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