Newly Renovated Dollar General with a ten year corporately guaranteed lease. Due to the extremely high sales volumes at this store, Dollar General recently opted to extend the lease on this store for an additional ten years through October 2027. The lease offers an additional three, five year options to renew with ten percent rental increases in each option. The following is a lease summary: -11,570 total square footage -Term: until 10/31/2027; with three (3) 5-year options. -Rent: $7,795.45/mo. (years 1/5); $8,529.93 (10% increase for years 6-10). -Tenant Responsibilities include Property and Sales Tax, Utilities, Windows and Storefront, Interior repairs and maintenance, Minor repairs (interior and exterior) under $500, Insurance. -Landlord Responsibilities include Building Exterior, Load Bearing Walls & Foundation, Roof & HVAC, Paved areas, Major repairs (over $500) to HVAC, lighting & plumbing, Insurance. This is a Proven location with a Proven track record and Excellent HH Incomes, Far Higher than typical. …
- 11,570 sq.ft.