OMDM is pleased to offer this single tenant, Net Lease, fee simple investment opportunity in Panama City, Florida. The offering is inclusive of a 15-year NN lease (6.5 Years Remaining), backed by Dollar General, one of the Nation's premier specialty retailers of discount goods.
Excellent Location. One of the few Properties not affected by the Hurricane Due to Its Strong Construction. Low Rent Per Square Foot of $11.67 is significantly below market rents should ensure longevity at this location. Built-in Rent Increases in Year 11 and 10% Rent Increase in each of the 3 x 5-year option Periods
The company currently operates 15,000 locations in 44 states and is expected to open another 900 new stores and remodel 1,000 existing stores in 2018.