Dollar General for Sale in Portsmouth, OH
Portsmouth, OH
Key Investment Metrics
Price
$746,240
Cap Rate
7.5%
Net Operating Income
$55,968
Building Size
8030 SF
Remaining Term
1.2 years
Lease Expiration
09/30/2027
Lease Term
5 years
Lease Commencement
10/01/2022
Lease Type
NN
Year Built
1938
Occupancy
100%
Tenancy
Single
Rent Increases
10%
Property overview
Dollar General in Portsmouth
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 8,030 SF
- Year built
- 1938
- Lease type
- NN
- Lease expiration
- 09/30/2027
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.