Offering Memorandum
Property Highlights
- NEW 10-YEAR LEASE TERM
- BRAND NEW 2019 CONSTRUCTION
- PASSIVE DOUBLE NET LEASE
- INVESTMENT GRADE CORPORATE GUARANTEE (NASDAQ: DTLR)
- LARGEST DOLLAR STORE CHAIN IN THE U.S. WITH 15,237 LOCATIONS
- STRATEGIC LOCATION: FRONTAGE ON US-6 (14,000+) VEHICLES PER DAY
- ZERO COMPETITION: ONLY DOLLAR STORE IN HELPER
- Price: $1,296,000
- Lot Size: 1.36
- Cap Rate: 7.25%
- Lease Type: Double Net (NN)
- Year Built: 2019
- Building SF: 8,320
- Status: Sold
- Guarantor: Corporate