Log In/Sign Up
Your email has been sent.
New Dollar General 848 S Highway 89 10,542 SF Retail Building Mount Pleasant, UT 84647 $2,762,300 ($262.03/SF) 6.15% Cap Rate
Investment Highlights
- Build to suit construction for Dollar General
- Five 5-year options with 5% rental increases every 5 years through the base term and options
- Dollar General has over 20,000 stores nationwide
- Just opened with a new 15 year triple net lease
- Dollar General is an investment grade tenant with an S&P rating of “BBB”
- Mount Pleasant is located along US Route 89, 110 miles south of Salt Lake City and an hour south of Provo
Executive Summary
Cushman & Wakefield is pleased to offer for sale a newly constructed Dollar General property nearing completion. The building spans approximately 10,542 square feet and includes roughly 40 on-site parking spaces. It is leased to DG Retail, LLC, a Tennessee limited liability company, and is guaranteed by Dollar General Corporation under a 15-year triple net (NNN) lease commencing upon receipt of the certificate of occupancy, anticipated December 1, 2025. The annual rent is $162,144, with the tenant responsible for all taxes, insurance, and common area maintenance, including the roof, structure, and parking lot. The lease features 5% rental increases every five years throughout the base term, as well as five additional 5-year renewal options.
In association with Cushman & Wakefield Utah licensee.
In association with Cushman & Wakefield Utah licensee.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
10,542 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,762,300
Price Per SF
$262.03
Cap Rate
6.15%
NOI
$169,884
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.10 AC
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
New Dollar General | 848 S Highway 89
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.