This property is an absolute NNN investment with a corporate guaranteed 15 year lease that has zero landlord responsibilities. The lease has four (5) year options to renew, each with a 10% increase in rent. The lease is corporately guaranteed coupled with Dollar General’s BBB- credit rating which is considered investment grade.
The store is strategically located in the heart of Port Royal in an area of fast commercial and residential growth. The building will have extensive architectural improvements including brick and stucco siding, updated goose neck lighting, and metal roofed awnings. This location has 23,900 VPD and is located on the main thoroughfare in Port Royal. This is a one of kind Dollar General and can be considered a trophy asset in any investor’s portfolio.
|Lot Size||1.21 acres|
Request more info about Brand New Dollar General
Gregory WilkinsSales & Development Associate firstname.lastname@example.org 803-606-2186 803-359-7025
Gregory is a third-generation member of the Wilkins family and like his father and grandfather before him, he is dedicated to midlands real estate development and property investment. Gregory speaks fluent Spanish as he lived for several years in Costa Rica as a teenager before returning to Lexington with his family.Profile