Cap Rate: 7.69% Annual Rent: $108,687.48 Expenses: Absolute NNN Property Type: Retail/Commercial Building Size: +/- 9,100 SF Land: +/- 1.55 AC Lease Commence: November 20, 2011 Option Periods: Three (3), Five (5) Year Options Rent Increases: 10% Every Five (5) Years in Options Foundation: Concrete Block Parking: 38 (Surface) 4.2/1,000 SF NRA Tenant: DG Retail, LLC Location Description Located in Prescott, AZ, Yavapai County in west-central portion of Arizona, the subject is clearly visible in both directions along the street. The visibility of the property is not hampered by adjacent properties, tree or other obstructions. Highlights INVESTMENT HIGHLIGHTS: • Absolute NNN Lease - Zero Landlord Responsibilities • Property taxes are timely re-imbursed to Landlord each year • Dollar General Corporation Carries an S&P Credit Rating of “BBB”
| Property Type | Retail |
|---|---|
| Year Built | 2011 |
| Listing ID | BF35E7 |
| Building Size | 9,100 SF |
| Lot Size | 1.55 AC |