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DOLLAR GENERAL | BENNINGTON, NEW HAMPSHIRE

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
Four (4) - Five (5) Year
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

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