Dollar General for Sale in Greensboro, NC
Greensboro, NC
Key Investment Metrics
Price
$1,650,868
Cap Rate
7.3%
Net Operating Income
$119,688
Building Size
9002 SF
Land Area
1.74 Acres
Remaining Term
10.2 years
Lease Expiration
09/30/2036
Lease Term
15.1 years
Lease Commencement
09/09/2021
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2021
Tenancy
Single
Rent Increases
10% increases in each 5 year option period
Property overview
Dollar General in Greensboro
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,002 SF
- Land area
- 1.74 acres
- Year built
- 2021
- Lease type
- Absolute NNN
- Lease expiration
- 09/30/2036
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.