Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
2744 Augustine Herman Highway, Chesapeake City, MD 21915
PROPERTY INFORMATION
Price:
$2,144,625
Cap Rate:
6.40%
Term Remaining:
14 Years
Status:
Closed
INVESTMENT SUMMARY
– NNN Lease | Requires Zero Landlord Responsibility
– Upgraded Construction in Historic District of Chesapeake City
– Rent Increases of 10% in Each Option Period
– Five (5), Five (5) Year Option With Rent Increases
– Corporate Guarantee by DG which Carries a “BBB” Rating
– Rare 3% Rent Increase in Year 11