Dollar General for Sale in Bridge City, LA
Bridge City, LA
Key Investment Metrics
Price
$1,210,553
Cap Rate
8.5%
Net Operating Income
$102,897
Building Size
9026 SF
Land Area
1.39 Acres
Remaining Term
1 year
Lease Expiration
07/31/2027
Lease Term
15 years
Lease Commencement
07/29/2012
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2012
Tenancy
Single
Rent Increases
10% increase in each option
Property overview
Dollar General in Bridge City
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,026 SF
- Land area
- 1.39 acres
- Year built
- 2012
- Lease type
- Absolute NNN
- Lease expiration
- 07/31/2027
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.