13379 Hwy 62 N
Orange (Beaumont MSA), TX 77632
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $1,796,576 | Cap Rate | 6.25% |
| NOI | $112,286.00 | Rentable SF | 10,640 SF |
| Lot Size | 1.35 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2023 Construction
- New 15-Year Absolute NNN Lease w/ 10% Rent Increases Every
5-Yrs in the (4) 5-Yr Option Periods (Zero Landlord Responsibilities) - Dollar General (NYSE: DG) Corporate Guarantee (Investment
Grade Credit – S&P Rated BBB) - Excellent Visibility & Access on Highway 62 North
- Traffic Counts Exceed 16,000 Vehicles Per Day
- Average Household Income Exceeds $102,000 (5-Mile Radius)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com