Dollar General
CONTACT US REGARDING THIS LISTING
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
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.