NNN Leased Investment
NNN Leased Dollar General in PA For Sale
Dollar General | Jonestown, PA
Asking Price $1,320,500 | CAP Rate 7.25%
Lease Summary
NOI $95,739
Rent/Month $7,978
Rent/SF $10.60
Rentable SF 9,026
Land Area 1.46
acres
Tenant Dollar
General
Moody's Credit Rating Ba1, Positive
S&P Credit Rating BBB-, Positive
Ownership Type Fee
Simple
Lease Type NNN
( BTS)
Year Built 2012
Lease Term 15
years Primary
Lease Commencement Summer
2012 (under construction
Lease Expiration Summer
2027
Increases 3%
in Year 11 and 10%
w/ each option extension
Options Three
(3), five (5) year
Highlights
Investment Grade Tenant
April 2012, S&P raised Dollar General's credit
ratings to BBB-
April 2012, Moody's raised Dollar General's credit
ratings to Ba1 with a positive outlook
Strategic location in Lebanon County, PA with
supporting demographics and target market characteristics
Adjacent to major manufacturing plant for Supreme
Mid-Atlantic Corporation, America's leading manufacturer of full-line
customizable truck bodies
Location Overview
About
Dollar General
Goodlettsville,
Tenn.-based Dollar General Corporation is the nation's largest small-box
discount retailer. We make shopping for everyday needs simpler and hassle-free
by offering a carefully edited assortment of the most popular brands at low
everyday prices in small, convenient locations. Dollar General ranks among the
largest retailers of top-quality brands made by America's most-trusted
manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever,
Kellogg's, General Mills and Nabisco.
Contact a Broker
ANDREW FALLON
Assistant Vice President
(703) 787-4714
You may visit our website
to view the entire inventory of available properties.
CALKAIN REALTY ADVISORS a division of Calkain Companies
WASHINGTON DC | FLORIDA | MARYLAND | BOSTON
The information herein is provided to us by sources
deemed reliable, but no warranty or representation is made to its accuracy.
Offering is subject to corrections and errors, omissions, prior sale, change of
price and/or terms or withdrawal from the market without notice. This
information is for guidance.
