DOLLAR GENERAL Absolute NNN Bellaire, OH · PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%) DOLLAR...
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The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed. • Brand New – 15-Year Lease Term • Rent Commences: December 2016 • NNN – No Landlord Responsibilities • Limited National Competition within 5- Mile Radius • Average HHI at 1-Mile: $62K DOLLAR GENERAL Absolute NNN Bellaire, OH * Actual location not shown *
Transcript of DOLLAR GENERAL Absolute NNN Bellaire, OH · PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%) DOLLAR...
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
• Brand New – 15-Year Lease Term
• Rent Commences: December 2016
• NNN – No Landlord Responsibilities
• Limited National Competition within 5-
Mile Radius
• Average HHI at 1-Mile: $62K
DOLLAR GENERAL
Absolute NNN
Bellaire, OH
* Actual location not shown *
PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
DOLLAR GENERAL — NNN LEASE
53849 Pike Street – Bellaire, OH 43906
Initial Rent
Commencement: December 7, 2016
Lease Expiration: December 6, 2031
Initial Lease Term: 15-Year - NNN
Renewal Options: Four (4) / 5 Year Renewals
Rent Increases: 10% in Options
Building Size: 9,026 Square Feet
Land Size: Approx. 1.77 Acres
Parking: Adequate
Area Tenants:
U.S. Post Office, American Legion, Fire Department, Bellaire Elementary & Middle School
Demographics: 1-MILE 3-MILE 5-MILE
Population: 1,035 4,421 20,245
Median Income: $53,040 $44,726 $35,266
Average Income: $62,183 $54,079 $46,833
Tenant
Responsibility:RE Taxes, Insurance, Structure,Roof, HVAC & Parking LotMaintenance
Lessor
Responsibility: None – Triple Net
Lease
Guarantor:Dollar General CorporationNYSE: DG
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
CONTACT INFORMATIONGregory Fitzgerald
(800) 385-6421
www.tri-oak.com
[email protected] Broker of Record #BRK.2012000489
Jay Goodman
Harvey Goodman Realtor
* Actual location not shown *
Bellaire, OH
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
AERIAL VIEW OF SITE PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
DOLLAR GENERAL — NNN LEASE
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
AERIAL VIEW WITH
AREA TENANTS
PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
DOLLAR GENERAL — NNN LEASE
Bellaire Middle School
(513 Students)Bellaire Elementary
School(551 Students)
American Legion
Neff’s Fire Department
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
DOLLAR GENERAL — NNN LEASE
Red: 5 Mile Radius
MAP WITH DISCOUNT
RETAILERS AT 5-MILE RADIUS
PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
Traffic Counts Data from: 1996
DOLLAR GENERAL — NNN LEASE
PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
Red: 1 Mile Radius
3,740
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
Traffic Counts Data from: 2002
DOLLAR GENERAL — NNN LEASE
PURCHASE PRICE: $1,348,109(CAP RATE 6.50%)
Red: 1 Mile RadiusGreen: 3 Mile RadiusBlue: 5 Mile Radius
26,050
54,670
26,050
6,300
3,390
DOLLAR GENERAL — NNN LEASE
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
SITE PLANPURCHASE PRICE: $1,348,109
(CAP RATE 6.50%)
Source: https://investor.shareholder.com/dollar/index.cfm
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
Corporate Profile
The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.
As of: 08/23/2016 - Source: http://finance.yahoo.com/q?s=dg
