Dollar General
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Patrick Hammond

Senior Advisor

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PROPERTY ADDRESS

154 M A Neely Rd., Braxton, MS 39044

PROPERTY INFORMATION

Price:
$1,283,720
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 October 2016
  • Building was Built-to-Suit DG and was Completed October 2016

INVESTMENT SUMMARY

Fortis Net Lease is pleased to present this newer Dollar General store that was completed in October 216. The population exceeds 14,000 within a ten mile radius. The average household income exceeds $57,000 within a five mile radius and the average daily traffic on Highway 49 is over 15,600 cars per day.