- New 9,002 SF Dollar General Absolute NNN 15 Year Lease with NoLandlord Responsibilities
- Five, Five Year Options | 10% Rent Increases at Each Option
- Corporate Guarantee | “BBB” S&P Rating
- Ideal Investment for 1031 Exchange
Fortis Net Lease is pleased to present a Dollar General located at 538 N Main Street in Caldwell, KS. This Absolute NNN lease has no landlord responsibilities and there are approximately fourteen years remaining in the initial lease term. The lease has a corporate guarantee from Dollar General which has a “BBB” S&P rating.
The population within ten miles exceeds 1,700 residents and the subject property is situated on a local retail corridor. The median home value within ten miles exceeds $70,000 and the average household income exceeds $64,000. The subject property has no competitive retail in the surrounding area.