Retail Space For Lease @ 700 Barnesville Road
700 Barnesville Road, Barnesville, PA 18214
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Daniel P.
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KW Commercial is offering the sale of this 9,166 square foot brand-new construction Dollar General in Barnesville, Pennsylvania. This single tenant net leased investment offers 13.7 years remaining on a 15-year initial term. Rent commenced on August 26, 2019. Rental rate increase of 10% at each renewal option (two 5-year and one 4-year, 11 month). The NNN lease is corporately guaranteed by Dollar General Company (NYSE: DG), which holds a credit rating of “BBB” by Standard & Poor’s.
Dollar General Company (NYSE: DG) is the largest small box discount retailer in the United States offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. In addition to high-quality, private brands, Dollar General sells products from America's most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo.
Headquartered in Goodlettsville, TN, the company was established in 1939. Dollar General has more retail locations than any retailer in America and is the only dollar store with investment grade credit (Rated BBB by Standard & Poor’s). It operates 16,979 stores as of October 30, 2020. This space offers accomodations for: free standing building.
Pricing: Negotiable
Availability: Now
Listing ID: 3131790