Dollar General | Absolute NNN Lease Anderson, SC

511 Williamston Road, Anderson, SC

   SOLD!   

$2,104,200

Price

5%

Cap Rate

$105,210

NOI

Gallery
Street
Map
Overview
Cap Rate
5%
NOI
$105,210
Building Size
10,640 sqft
Lease Type
Absolute Net
Year Built
2022
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.

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
Documents
Title
Dollar_General_-_Anderson__SC.pdf
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Location
Gallery