Dollar General
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Patrick Hammond

Senior Advisor

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PROPERTY ADDRESS

2110 Highway 11, Moselle, MS 39459

PROPERTY INFORMATION

Price:
$1,288,000
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 August 2016
  • Built-to-Suit DG |Completed August 2016
  • Dollar General “PLUS” Location | 10,566 Square Feet

INVESTMENT SUMMARY

Fortis Net Lease is pleased to present this newer Dollar General “Plus” store which was completed in August 2016. The population exceeds 79,000 within a ten mile radius and the average household income exceeds $56,000 within a five mile radius. The average daily traffic on Highway 11 is over 5,100 cars per day.