Overview

Description

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

https://rimarketplace.com/auction/1838/nnn-dollar-general-new-15-year-lease-hyde-pa?utm_source=brevitas&utm_medium=listing&utm_campaign=retail_1838


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.

Hyde is located in the western part of Lawrence Township on the southwestern side of Clearfield, the county seat. It is located on the northwestern side of the West Branch Susquehanna River. Pennsylvania Route 879 passes just south of the community.

Lamar P. Fisher, Auctioneer
PA License: AU005925

Highlights

• 2022 Construction
• Rare 10% Increases Each Lease Term
• 15 Year NNN Lease | No Landlord Expenses
• Large 1.33 Acres Parcel
• Corporate Guarantee
• Investment Grade Credit | BBB/Stable on Standard & Poors
• Year 1 Net Operating Income of $109,987

Documents

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