Dollar General Market | Hoboken, GA | 4869 Main St E
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Dollar General Market | Hoboken, GA 4869 Main St E
12,480 SF Retail Building Hoboken, GA 31542 £1,969,216 (£158/SF) 6.50% Net Initial Yield
Investment Highlights
- Brand New 2024 Construction Delivering in July | Dollar General’s Market store prototype offering fresh produce
- - Over 7,300 cars pass the site each day | This accounts for everyone within 5 miles of the site passing the store multiple times each day
- - Relocation site from a location a few parcels to the West | The existing location ranks 3,201 out of 16,787 stores nationally according to Placer.ai
Executive Summary
The subject property is a 2024 construction ±12,480 square foot Dollar General Markt located in Lexington, North Carolina.
Dollar General Market signed a fifteen-year triple net lease with five, five-year options to extend at 5% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
Dollar General Market signed a fifteen-year triple net lease with five, five-year options to extend at 5% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,480 SF
Year Built
2024
Price
£1,969,216
Price Per SF
£158
Net Initial Yield
6.50%
NOI
£128,023
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
1.90 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dollar General Market
- Retailer
- 12,480 SF
- -
- NNN
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dollar General Market | Retailer | 12,480 SF | - | NNN | - |
PROPERTY TAXES
| Parcel Number | HN05-055 | Improvements Assessment | £22,572 |
| Land Assessment | £11,656 | Total Assessment | £34,228 |
PROPERTY TAXES
Parcel Number
HN05-055
Land Assessment
£11,656
Improvements Assessment
£22,572
Total Assessment
£34,228
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Dollar General Market | Hoboken, GA | 4869 Main St E
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