Overview

Description

Cap Rate: 7.69%
Annual Rent: $108,687.48
Expenses: Absolute NNN
Property Type: Retail/Commercial
Building Size: +/- 9,100 SF
Land: +/- 1.55 AC
Lease Commence: November 20, 2011
Option Periods: Three (3), Five (5) Year Options
Rent Increases: 10% Every Five (5) Years in Options
Foundation: Concrete Block
Parking: 38 (Surface) 4.2/1,000 SF NRA
Tenant: DG Retail, LLC
Location Description
Located in Prescott, AZ, Yavapai County in west-central portion of Arizona, the subject is clearly visible in both directions along the street. The visibility of the property is not hampered by adjacent properties, tree or other obstructions.
Highlights
INVESTMENT HIGHLIGHTS:
• Absolute NNN Lease - Zero Landlord Responsibilities
• Property taxes are timely re-imbursed to Landlord each year
• Dollar General Corporation Carries an S&P Credit Rating of “BBB”

Documents

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