Building Details:
1525 9th Ave E is located in Bradenton, FL.
The subject property was built in 2009. It is a 9,014 square-foot freestanding building under a 10 year NN lease. There is a 10 percent rent increases at the beginning of year 11 and at the beginning of each of each option period.
Dollar General is a growing Fortune 500 company (#188), with over $14.8 Billion in revenue, and 37 percent growth since the Great Recession began. Dollar General' s credit rating was recently upgraded to Investment Grade(BBB-) by Standard & Poors, and it is publicly traded on the New York Stock Exchange under the ticker symbol, "DG". This chain commands over 10,000+ locations nationwide and has a net worth in excess of four billion.
The subject Dollar General is located in Webster, directly across the street from the oldest and largest flea market in Florida, and one of the largest in the nation. Originally established and chartered in 1937 by local farmers to sell vegetables and cattle, the Webster Flea Market covers over 40 acres, contains 2,000 stalls, accommodates over 1,200 dealers and i s listed under the Top Ten Tourist Attractions in the State. The Webster Flea Market is open every Monday, and sees an average attendance of over 10,000 people.
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- Ed Killmer, agent and Rofo Pro