OFFERING SUMMARY
Price: $750,000
Cap Rate: 8.00%
Gross Leasable Area: 9,014 SF
NOI: $60,000
OFFERING HIGHLIGHTS
- Double Net Lease
- Corporate Guarantee
- Three (3), 2-Year Options
- 1 Year, 7 Months Remaining on Term
INVESTMENT OVERVIEW
The subject property affords both an incoming and experienced investor the opportunity to acquire a corporately guaranteed, Double Net Lease Dollar General (NYSE: DG) located in Houston, Texas. Houston is the most populous city in Texas and the 4th most populous in the United States. Dollar General thrives in these dense neighborhood locations and the rent at this location is well below market. With a price point of $750,000.00, this offering provides the opportunity to purchase an investment-grade tenant at an appealing price point.
