NNN Dollar General Store Relocation
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NNN Dollar General Store Relocation 2015 NNN Dollar General 15 Year Lease Term 3888 W State Road 47, Sheridan, IN 46069 For Sale: First Yr NOI: Size: Lease:
$1,525,000.00; 6.6% cap rate $100,306.68 10,640 SF DG+ Prototype, Approx 1.88 acres NNN; 15 Yr Term; Four 5 Year Options to Renew; 10% Rent Increases Upon Each Renewal Option New Lease Will Commence June 2015
Dollar General: Corp Guaranteed Lease; S&P rating of BBBAdditional Info on next page
Investor Relations click here
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com The information contained herein was obtained form sources considered reliable. We cannot be responsible for errors, omissions, prior sale or lease, withdrawal from the market, or change in price. Seller and broker make no representation as to the environmental condition of the property and recommend purchaser’s/lessee’s independent investigation.
NNN Dollar General Store Relocation 3888 W State Road 47, Sheridan, IN 46069 NNN Dollar General Investment
City
Sheridan
State
Address
Monthly Rent
Lease Turnover
IN
3888 W State Road 47, Sheridan, IN 46069
$8,358.89
June 2015
Total Annual Rent
$100,306.68
Price at 6.6% cap rate
$1,525,000.00
New Lease Commences June 2015 15 year NNN Lease Guaranteed by Dollar General Rent Increases 10% at Renewal Options Four 5 Year Options to Renew Much Desired Store Relocation Demonstrating Strong Sales
Additional Location Info:
Sheridan, Indiana Town Website click here
Sheridan, Indiana Chamber of Commerce click here
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com
NNN Dollar General Sheridan, Indiana 46069
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com
NNN Dollar General Store Relocation 2015 NNN Dollar General 15 Year Lease Term 3888 W State Road 47, Sheridan, IN 46069 For Sale: First Yr NOI: Size: Lease:
$1,525,000.00; 6.6% cap rate $100,306.68 10,640 SF DG+ Prototype, Approx 1.88 acres NNN; 15 Yr Term; Four 5 Year Options to Renew; 10% Rent Increases Upon Each Renewal Option New Lease Will Commence June 2015
Dollar General: Corp Guaranteed Lease; S&P rating of BBBAdditional Info on next page
Investor Relations click here
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com The information contained herein was obtained form sources considered reliable. We cannot be responsible for errors, omissions, prior sale or lease, withdrawal from the market, or change in price. Seller and broker make no representation as to the environmental condition of the property and recommend purchaser’s/lessee’s independent investigation.
NNN Dollar General Store Relocation 3888 W State Road 47, Sheridan, IN 46069 NNN Dollar General Investment
City
Sheridan
State
Address
Monthly Rent
Lease Turnover
IN
3888 W State Road 47, Sheridan, IN 46069
$8,358.89
June 2015
Total Annual Rent
$100,306.68
Price at 6.6% cap rate
$1,525,000.00
New Lease Commences June 2015 15 year NNN Lease Guaranteed by Dollar General Rent Increases 10% at Renewal Options Four 5 Year Options to Renew Much Desired Store Relocation Demonstrating Strong Sales
Additional Location Info:
Sheridan, Indiana Town Website click here
Sheridan, Indiana Chamber of Commerce click here
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com
NNN Dollar General Sheridan, Indiana 46069
Kurt Meyer, CCIM (317) 627-5151 [email protected] www.BaselineCommercial.com
