Overview

Description

RI Marketplace Online Auction April 30 - May 2, 2024
Register to Bid on Marketplace:

https://rimarketplace.com/auction/1837/nnn-dollar-general-new-15-year-lease-slippery-rock-pa?utm_source=brevitas&utm_medium=listing&utm_campaign=retail_1837

Marcus & Millichap Auction Services is pleased to present the following unique opportunity to acquire a newly constructed, stable NNN Dollar General investment property.

Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General, a publicly traded company on NYSE, operates 19,000 stores in 48 states. In addition to high-quality private brands, Dollar General sells products from America’s most trusted manufactures such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Slippery Rock is a borough in Butler County, Pennsylvania. Slippery Rock is included in the Greater Pittsburgh Region. It is home to Slippery Rock University of Pennsylvania, attended by nearly 9,000 students as a member of the Pennsylvania State System of Higher Education.

Lamar P. Fisher, Auctioneer
PA License: AU005925

Highlights

• 2022 Construction
• Rare 10% Increases Each Lease Term
• 15 Year NNN Lease | No Landlord Expenses
• Large 2.73 Acres Parcel
• Corporate Guarantee
• Investment Grade Credit | BBB/Stable on Standard & Poors
• Year 1 Net Operating Income of $103,997.04

Documents

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