Log In/Sign Up
Your email has been sent.
Dollar General | 2.50% Buyside Fee 14307 Summit Rd 10,566 SF 100% Leased Retail Building Summit, SD 57266 $1,601,669 ($151.59/SF) 6.65% Cap Rate
Executive Summary
New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Year Built
2022
Price
$1,601,669
Price Per SF
$151.59
Cap Rate
6.65%
NOI
$106,511
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.94 AC
Parking
32 Spaces (3.03 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 15782 | Improvements Assessment | $660,957 |
| Land Assessment | $42,000 | Total Assessment | $702,957 |
Property Taxes
Parcel Number
15782
Land Assessment
$42,000
Improvements Assessment
$660,957
Total Assessment
$702,957
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General | 2.50% Buyside Fee | 14307 Summit Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.