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12977 Franklin Turnpike
Chatham, VA 24531
Asking Price
$1.20M
Cap Rate
7.3%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
NNN Dollar General | 7.3% CAP | 9,100 SF - Strong placer.ai Performance <ul><li>ESSENTIAL RETAILER: Attractive ±9,100 SF store serving a trade area with limited retail competition and convenience shopping options</li><li>PROVEN PERFORMANCE: Placer.ai shows this location is in the top 53% of national store performance of nearly 21,000 Dollar Generals in the US</li><li>EASE OF NNN LEASE: Easy NNN 15-year lease with 6+ years remaining on the term and many renewal options</li><li>INVESTMENT GRADE TENANT: Dollar General is a respected investment grade tenant with loc
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NOI
$80,000
Cap Rate
6.69%
DSCR
1.13
Tight
Cash-on-Cash
2.53%
Monthly Payment
$5,912.208
Annual Cash Flow
$9,053.504
