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Dollar General 354 East St 9,026 SF Retail Building Plainville, CT 06062 $1,462,000 ($161.98/SF) 7.25% Cap Rate
Investment Highlights
- Investment Grade Corporate Guarantee
- Strong Demographics
- Affluent Community
- Close Proximity to America’s Oldest Amusement Park
Executive Summary
Surmount is pleased to present the exclusive listing for a Dollar General located at 354 East Street, Plainville, CT 06062. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.12-acre parcel of land. Dollar General is subject to a 15.09-year Double Net (NN) lease, which commenced 4/1/2019. The current annual rent is $106,000 and has scheduled increases of 10.00% In Options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2018
Price
$1,462,000
Price Per SF
$161.98
Cap Rate
7.25%
NOI
$106,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.12 AC
Zoning
GC
Frontage
125’ on East St
Amenities
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PLAI-000042-E000000-000001 | Improvements Assessment | $218,190 |
| Land Assessment | $473,340 | Total Assessment | $691,530 |
Property Taxes
Parcel Number
PLAI-000042-E000000-000001
Land Assessment
$473,340
Improvements Assessment
$218,190
Total Assessment
$691,530
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Dollar General | 354 East St
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