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Dollar General - Brand New! 15 Year Lease @ 9.25 Cap

By Neil Victor

Commercial Real Estate Agent with Sperry Van Ness 80571

October 07, 2010 11:22 AM

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New Dollar General Opens November 2010

Amazing Opportunity Brand New @ 9.25 Cap!

DG LLOYD, KY Lloyd, KY

Web Site

Brochure

Property Description
The site features 199 feet of frontage and visibility along Ohio River Road. Brand new construction estimated completion date is November 15, 2010. Several funding sources available.

$932,750

Building S.F 9,014
Parking Spaces 31
Land Acres 1.26
Annual Rent $86,279.40
15 year NN lease
20/20/3 Year Warranty
5 Five year Options
3% Bump Year 11 and 10% each Option
9.25 CAP

Store under construction Photo Oct 7, 2010

Description

Dollar General is the largest discount retailer in the United States by number of stores with over 8,700 neighborhood stores in 35 states. Dollar General helps shoppers save time and money on every day items

Dollar General Corporate Guarantee

Jun 14, 2010 New Credit Rating: Dollar General -Morningstar is initiating credit coverage of Dollar General DG with an issuer rating of BB+

Dollar General Corporation will be the guarantor on a 15-year lease with five, five year lease options

Presented by:	Neil Victor, CCIM 256.726.9096 neil.victor@svn.com		Ava Terry 256.726.9096 ava.terry@svn.com		Sperry Van Ness\|Partners Kentucky Licensee