Dollar General Portfolio of 21
Located in 8 States -
LTV (Loan to Value) | 65.00% | Current NOI | $1,986,208.00 |
Interest Rate | 4.250% | Capital Rate | 0.000% |
Fixed Term | 10 Years | Land Area | |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $0.00 | Property Type | Retail |
Payment | $0.00 | Property Lease | Discount Store |
Bulding Size | 192,700 SF | Remaining Terms |
Location Description
NNN Lenders is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of twenty-one (21) retail properties leased to Dollar General, located in eight (8) states.For fiscal year 2014 (ended January 30, 2015), Dollar General Corporation reported total revenue of $18.9 Billion, net income of more than $1 Billion and net worth of approximately $5.7 Billion. The company has an S&P BBB-/Stable rating.This is a unique opportunity to acquire a large portfolio of properties leased to an investment grade tenant and market leader in its segment.
Highlights
Portfolio Opportunity – Ability to acquire a large portfolio of Dollar General Properties in a single transactionAbsolute Triple-Net (NNN) Structured…
Property Description
Diverse portfolio of 21 locations across eight states