Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
SR 60 East, Bartow, FL 33830
PROPERTY INFORMATION
Price:
$2,029,600
Cap Rate:
6.0%
Term Remaining:
15 Years
Status:
Closed
INVESTMENT SUMMARY
Fortis Net Lease is pleased to present this 9,002 SF Dollar General store located in Bartow, FL. The property is encumbered with a Fifteen (15) Year
Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains Four (5) Yr. Options to renew, each with a 10% rental rate increase.
The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade.
Currently under construction, the rent is scheduled to commence on 7/15/2016.