DOLLAR GENERAL | BENNINGTON, NEW HAMPSHIRE
INVESTMENT SUMMARY
Purchase Price
$1,539,489
Location
510 State Route 202
Cap Rate
7.25%
Annual Rent
$111,613.44
Building Size
9,318 SF
Land Area
2.58 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
9.50 Years
LEASE EXPIRATION
1/31/2033
Renewal Options
RENT INCREASES
10% at Options
Parking
30 Spaces
Year Built
2018
APN
000016 000002 00000A
Traffic Counts
7,320 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 6.75 Years of Guaranteed Lease Term (Lease Exp: January 2033)
- 2018 Build-to-Suit Dollar General
- 9,318 SF Building | 2.58 Acre Parcel
- Four (4) - Five (5) Year Option Periods with 10% Rental Increases
A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
UPGRADED CONSTRUCTION:
- Nichiha Canyon Brick
- Hardie-Plank Lap Siding
CROTCHED MOUNTAIN SKI & RIDE AREA:
- Located 4.2 Miles from the Subject Property
- Owned & Operated by Vail Resorts
- 25 Trails (28% Beginner/40% Intermediate/32% Expert)
- 100+ Skiable Acreage
- 2 Terrain Parks
PROXIMITY FROM BENNINGTON, NEW HAMPSHIRE:
- Concord, NH | 31 Miles
- Manchester, NH | 31 Miles
- Nashua, NH | 34 Miles
- Worcester, MA | 63 Miles
- Boston, MA | 77 Miles
- Springfield, MA | 88 Miles
- Portland, ME | 119 Miles
- Albany, NY | 125 Miles
STRONG PLACER.AI DATA - 186,100 ANNUAL STORE VISITS:
- Nationwide (2,709 out of 19,554 Stores) = Top 14%
- Statewide (7 out of 45 Stores) = Top 14%
- 15-Mile Radius (3 out of 7 Stores) = Top 29%
TRADE AREA DEMOGRAPHICS:
- 5-Mile Population = 7,142 Residents
- 5-Mile Average Household Income = $121,039
- 10-Mile Population = 28,658 Residents
- 10-Mile Average Household Income = $127,535
- 15-Mile Population = 63,602 Residents
- 15-Mile Average Household Income = $137,618

