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DOLLAR GENERAL Absolute NNN Bellaire, OH · PDF file PURCHASE PRICE: $1,348,109 (CAP RATE...

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  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    • Brand New – 15-Year Lease Term

    • Rent Commences: December 2016

    • NNN – No Landlord Responsibilities

    • Limited National Competition within 5-

    Mile Radius

    • Average HHI at 1-Mile: $62K

    DOLLAR GENERAL

    Absolute NNN

    Bellaire, OH

    * Actual location not shown *

  • PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

    DOLLAR GENERAL — NNN LEASE

    53849 Pike Street – Bellaire, OH 43906

    Initial Rent

    Commencement: December 7, 2016

    Lease Expiration: December 6, 2031

    Initial Lease Term: 15-Year - NNN

    Renewal Options: Four (4) / 5 Year Renewals

    Rent Increases: 10% in Options

    Building Size: 9,026 Square Feet

    Land Size: Approx. 1.77 Acres

    Parking: Adequate

    Area Tenants:

    U.S. Post Office, American Legion, Fire Department, Bellaire Elementary & Middle School

    Demographics: 1-MILE 3-MILE 5-MILE

    Population: 1,035 4,421 20,245

    Median Income: $53,040 $44,726 $35,266

    Average Income: $62,183 $54,079 $46,833

    Tenant

    Responsibility: RE Taxes, Insurance, Structure, Roof, HVAC & Parking Lot Maintenance

    Lessor

    Responsibility: None – Triple Net

    Lease

    Guarantor: Dollar General Corporation NYSE: DG

     The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    CONTACT INFORMATION Gregory Fitzgerald

    (800) 385-6421

    www.tri-oak.com

    [email protected] OH Broker of Record #BRK.2012000489

    Jay Goodman

    Harvey Goodman Realtor

    * Actual location not shown *

    Bellaire, OH

  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    AERIAL VIEW OF SITE PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

    DOLLAR GENERAL — NNN LEASE

  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    AERIAL VIEW WITH

    AREA TENANTS

    PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

    DOLLAR GENERAL — NNN LEASE

    Bellaire Middle School

    (513 Students) Bellaire Elementary

    School (551 Students)

    American Legion

    Neff’s Fire Department

  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    DOLLAR GENERAL — NNN LEASE

    Red: 5 Mile Radius

    MAP WITH DISCOUNT

    RETAILERS AT 5-MILE RADIUS

    PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    Traffic Counts Data from: 1996

    DOLLAR GENERAL — NNN LEASE

    PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

    Red: 1 Mile Radius

    3,740

  •  The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    Traffic Counts Data from: 2002

    DOLLAR GENERAL — NNN LEASE

    PURCHASE PRICE: $1,348,109 (CAP RATE 6.50%)

    Red: 1 Mile Radius Green: 3 Mile Radius Blue: 5 Mile Radius

    26,050

    54,670

    26,050

    6,300

    3,390

  • DOLLAR GENERAL — NNN LEASE

     The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    SITE PLAN PURCHASE PRICE: $1,348,109

    (CAP RATE 6.50%)

  • Source: https://investor.shareholder.com/dollar/index.cfm

     The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

  • Corporate Profile

     The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

    As of: 08/23/2016 - Source: http://finance.yahoo.com/q?s=dg

    http://finance.yahoo.com/q?s=dg

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