Dollar General for Sale in McDonough, GA
McDonough, GA
Key Investment Metrics
Price
$1,573,333
Cap Rate
6.8%
Net Operating Income
$106,200
Building Size
9679 SF
Land Area
1.23 Acres
Remaining Term
2.6 years
Lease Expiration
02/28/2029
Lease Term
10.0 years
Lease Commencement
02/24/2019
Lease Type
NN+
Tenant Credit
Credit Rated
Year Built
1996
Occupancy
100%
Tenancy
Single
Rent Increases
10% rental increase each Option period
Property overview
Dollar General in McDonough
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,679 SF
- Land area
- 1.23 acres
- Year built
- 1996
- Lease type
- NN+
- Lease expiration
- 02/28/2029
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.