Dollar General
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

CONTACT US REGARDING THIS LISTING

Patrick Hammond

Senior Advisor

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PROPERTY ADDRESS

5405 US-11, Ellisville, MS 39437

PROPERTY INFORMATION

Price:
$1,120,714
Cap Rate:
7.0%
Term Remaining:
14 Years
Year Built:
2016
Status:
Available

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease | Requires Zero Landlord Responsibility
  • Rent Increases 10% at Each of the 5, 5 Year Option Periods
  • Corporate Guarantee by Dollar General | S&P Rating: “BBB”
  • Brand New 15 Year Lease Commenced in May 2016
  • Building was Built-to-Suit DG and was Completed May 2016

INVESTMENT SUMMARY

Fortis Net Lease is pleased to present this newer Dollar General store that was completed in May 2016. Th population exceeds 19,500 within a five mile radius. The household income exceeds $51,000 within a five mile radius and the average daily traffic on Ellisville Blvd is over 6,000 cars per day.