TENANT FUNDED RENOVATION CURRENTLY UNDERWAY
Absolutely prime location – over 13,100 vehicles per day use the stop sign
directly adjacent to the entrance!
As a result, store traffic and sales are
historically excellent!
Built to suit for Dollar General Corp, a US Fortune 500 Company in 2005,
this location has consistently reported stronger-than-average annual
sales compared to other stores nationwide. As such, last corporate lease
renewal in 2018 was for 10 years. 5 renewal options with 10% bumps
each!
5+ years currently remain on current lease.
Tenant pays: insurance, taxes, internal maintenance, HVAC maintenance
and minor repairs. Tenant provides $357/mo. for parking lot
maintenance. Actual cost is about $2,000/yr. – so the balance pays all
other maintenance and adds about $500-$800/yr. to profit.
Landlord responsible for: Structure, Parking Lot & major HVAC repairs