Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
CR 771 @Ingram Blvd., Rotonda West, FL 33981
PROPERTY INFORMATION
Price:
$2,048,350
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 Rotonda West, 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 10/15/2016.