DOLLAR GENERAL | WENTWORTH, NEW HAMPSHIRE
INVESTMENT SUMMARY
Purchase Price
$1,458,653
Location
6 NH-25A
Cap Rate
7.50%
Annual Rent
$109,399.08
Building Size
7,489 SF
Land Area
0.84 Acres
Ownership
Fee Simple
Lease Type
NNN
Term Remainning
7.25 Years
LEASE EXPIRATION
9/30/2033
Renewal Options
RENT INCREASES
10% at Options
Parking
28 Spaces
Year Built
2018
APN
M/L 08-01-09
Traffic Counts
3,729 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE GUARANTEED LEASE:
- Approximately 7.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 09/30/2033)
- 2018 Construction - Build-to-Suit Dollar General
- 7,489 SF Building | 0.84 Acre Parcel
- Four (4) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
PROXIMITY FROM WENTWORTH, NH:
- Concord, NH | 59 Miles
- Manchester, NH | 76 Miles
- Nashua, NH | 95 Miles
- Boston, MA | 127 Miles
- Portland, ME | 105 Miles
TRADE AREA DEMOGRAPHICS:
- 5-Mile Population = 1,732 Residents
- 5-Mile Average Household Income = $119,940
- 10-Mile Population = 5,214 Residents
- 10-Mile Average Household Income = $119,395
- 15-Mile Population = 28,420 Residents
- 15-Mile Average Household Income = $145,369
TENANT:
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #112 on the Fortune 500 List
- 21,055 Stores in 48 States
