Dollar General for Sale in Linwood, KS
Linwood, KS
Key Investment Metrics
Price
$1,430,584
Cap Rate
6.5%
Net Operating Income
$92,988
Building Size
10566 SF
Land Area
2.5 Acres
Remaining Term
10.5 years
Lease Expiration
12/31/2036
Lease Term
15.1 years
Lease Commencement
12/05/2021
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2021
Tenancy
Single
Rent Increases
10% Per Option
Property overview
Dollar General in Linwood
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,566 SF
- Land area
- 2.5 acres
- Year built
- 2021
- Lease type
- Absolute NNN
- Lease expiration
- 12/31/2036
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.