Description
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.
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0BEDS
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5ACRES
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0BATHS
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01/2 BATHS
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15,103SQFT
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$68$/SQFT
School Ratings & Info
Description
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.
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