Dollar General for Sale in Wildwood, NJ
Wildwood, NJ
Key Investment Metrics
Price
$2,323,000
Cap Rate
6.6%
Net Operating Income
$153,312
Building Size
7646 SF
Land Area
0.45 Acres
Remaining Term
6.8 years
Lease Expiration
04/01/2033
Lease Term
15 years
Lease Commencement
03/13/2018
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2018
Occupancy
100%
Tenancy
Single
Rent Increases
10% at Each Option
Property overview
Dollar General in Wildwood
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 7,646 SF
- Land area
- 0.45 acres
- Year built
- 2018
- Lease type
- Absolute NNN
- Lease expiration
- 04/01/2033
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.