920 Main Ave - Retail FOR SALE


Britton, SD 57430
$965,382 USD
513-300-0763
920 Main Ave, Britton, SD for Sale
$965,382 USD
Retail - FOR SALE
1/5
null | 8.25% Cap Rate

920 Main Ave
Britton, SD 57430


HIGHLIGHTS

  • Absolute NNN Lease with No Landlord Responsibilities
  • Limited Competition in a Strong Location
  • Attractive Return Providing an Above Average Market Yield
  • Invesment Grade Tenant and Corporate Guarantee from Dollar General Corp.(S&P:BBB), a Fortune 500 Company (NYSE:DG)
  • E-Commerce and Recession Proof Company
  • 2015 BTS Construction

OVERVIEW

Introducing an exceptional investment opportunity at DOLLAR GENERAL located at 920 Main Ave, Britton, SD 57430. This property features an Absolute NNN Lease with a Fortune 500 company, Dollar General Corp., providing a secure and attractive return with a high CAP rate of 8.25%. The property boasts a strong location with limited competition, ideal for a stable long-term investment. Dollar General, the fastest-growing retailer, is the tenant with nearly 20,000 stores nationwide, catering to value-conscious consumers with a focus on everyday essentials and trusted brands. The property offers a lease term of ±5.2 years with additional options and 10% increases, creating a lucrative income stream for investors. Don't miss this opportunity to own a recession-proof asset with a reliable tenant in a thriving market.

FOR SALE DETAILS

PRICE

$965,382 USD

PRICE/SF

$106 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.