Dollar General - Net Lease Property for Sale
Fountain Inn, SC
Key Investment Metrics
Price
$1,819,200
Cap Rate
6.0%
Net Operating Income
$109,152
Building Size
10640 SF
Lot Size
10,640 SF
Land Area
1.4 Acres
Remaining Term
9.3 years
Lease Expiration
10/30/2035
Lease Term
15 years
Lease Commencement
11/11/2020
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
Rent Increases
10%
About This Dollar General Net Lease Property
This Dollar General NNN (triple net lease) property is located in Fountain Inn, SC and represents an excellent investment opportunity for commercial real estate investors. The property features 10640 square feet of building space and was built in 2020.
With a cap rate of 6.0%, this Dollar General net lease property offers stable income potential. The asking price is $1,819,200, making it an attractive option for 1031 exchange investors seeking quality Dollar General commercial properties.
Why Invest in Dollar General NNN Properties?
- Stable Income: Dollar General net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar General is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fountain Inn, SC Market Overview
Located in Fountain Inn, SC, this Dollar General property benefits from strong local demographics and market fundamentals. The Fountain Inn area offers excellent visibility and accessibility, making it an ideal location for Dollar General operations and a solid investment for net lease property buyers.