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Dollar General | Absolute NNN Lease Anderson, SC

$2,104,200

511 Williamston Road, Anderson, SC

Active
Last Updated: 05/12/2022

5

Cap Rate

105,210

NOI

Details:
Cap Rate:    5%
NOI:    $105,210
Building Size:    10,640 sqft
Lease Type:    Absolute Net
Year Built:    2022
Highlights:
  • New 15 year Absolute NNN Lease
  • 100% fee simple interest
  • Zero landlord obligations
  • Scheduled increases in rent
  • Corporate guaranty – NYSE: DG
  • S&P rated BBB investment grade credit
  • Brand new construction
Description:

This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Anderson, South Carolina.

This is a new 15 year lease calling for zero landlord obligations. The tenant has five 5 year renewal options with 10% increases. The building is newly constructed. This is an ideal opportunity for a passive investor looking for a long-term stable investment.

Map:
Documents:
Title
Dollar_General_-_Anderson__SC.pdf
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Location
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