- Description
- Details
• Exceptionally Low Price Point! Opportunity to acquire an investment grade
tenant-leased property for approximately $21.50 per square foot based on
total building area of approximately 12,000 square feet.
• More than 30 years of operating history with DG having just executed a
new 5-year lease demonstrating continued commitment to the site.
• Extremely low annual rental rate of $3.43 per square foot “gross”,
providing affordable and sustainable rent
• One remaining five (5)-year renewal option at $3,400.00 per month, a
13.33% rental increase.
• Small remaining + 1,500 square foot vacant space which may potentially
be leased out to a third party tenant to add value.
tenant-leased property for approximately $21.50 per square foot based on
total building area of approximately 12,000 square feet.
• More than 30 years of operating history with DG having just executed a
new 5-year lease demonstrating continued commitment to the site.
• Extremely low annual rental rate of $3.43 per square foot “gross”,
providing affordable and sustainable rent
• One remaining five (5)-year renewal option at $3,400.00 per month, a
13.33% rental increase.
• Small remaining + 1,500 square foot vacant space which may potentially
be leased out to a third party tenant to add value.
- Property Type : Retail
- Class : C
- Listing Size : 12,000
- Stories : 1
- Typical Floor Size : 7,040
vCard
Available Space (1)
| Suite
|
Attachments | Sqft
|
Rate
|
Type
|
Max Contiguous
|
Lease Type
|
Cam Charges
|
|
|---|---|---|---|---|---|---|---|---|
| 1217 US Hwy 45 N | 12,000 | $257,905.00 | Sale | 12,000 |
• Exceptionally Low Price Point! Opportunity to acquire an investment grade\ntenant-leased property for approximately $21.50 per square foot based on\ntotal building area of approximately 12,000 square feet.\n• More than 30 years of operating history with DG having just executed a\nnew 5-year lease demonstrating continued commitment to the site.\n• Extremely low annual rental rate of $3.43 per square foot “gross”,\nproviding affordable and sustainable rent\n• One remaining five (5)-year renewal option at $3,400.00 per month, a\n13.33% rental increase.\n• Small remaining + 1,500 square foot vacant space which may potentially\nbe leased out to a third party tenant to add value.
|