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3005 Post STREET

Commercial Recently Sold
$2,232,233

BTC: 25.70216465

ETH: 1,116.11650000

Sold on: 2020-09-17
78 days
0 room(s)
7,500 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Newly Constructed Dollar General store with a new 15-year NNN lease with four (4) 5-year lease renewal options. Tenant is responsible for all expenses and maintenance at the property including taxes and insurance. Dollar General corporately guarantees the lease and is an investment grade tenant with an S&P rating of BBB. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This passive investment offers buyers a secure investment with no landlord responsibilities and rent guaranteed by a stable, recession and e-commerce resistant tenant. This seller is a trusted Dollar General Developer with a meticulous construction and transaction process that makes these transactions extremely smooth and reliable. They have successfully delivered nearly 200 Dollar General locations over 10+ years. This Seller has negotiated special financing terms which may be extended to the buyer on this transaction, which may provide substantial cost savings and increased IRR to buyer.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2020
Lot:
0.91 Acres
Heating:
Central / Electric
Price/sqft:
$298
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

  • Lot

    • Lot: 0.91 Acres

    Other Property Information

    • Parcel Number: 0641080000R

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $1,253

  • Source details

    • MLS ID: GC437004

    Other facts

    • Construction Materials: Metal Frame / Metal Siding

    • Lot Features: Other

    • Living Area: 7500

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