Dollar General for Sale in Greenwood, MS
Greenwood, MS
Key Investment Metrics
Price
$1,681,229
Cap Rate
7.0%
Net Operating Income
$117,686
Building Size
9180 SF
Land Area
1.75 Acres
Remaining Term
4.2 years
Lease Expiration
09/30/2030
Lease Term
15 years
Lease Commencement
10/01/2015
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2015
Occupancy
100%
Tenancy
Single
Rent Increases
10% in Years 11-15 and in each Option
Property overview
Dollar General in Greenwood
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,180 SF
- Land area
- 1.75 acres
- Year built
- 2015
- Lease type
- Absolute NNN
- Lease expiration
- 09/30/2030
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.