DOLLAR GENERAL

Description

PROPERTY is a 9,014 SF building on 1.00 acres located at the intersection of US 64 and US 411 in Ocoee, TN.

TENANT RESPONSIBILITIES: RE Taxes ($6,000), Insurance, Utilities, Minor CAM (less than $750) Parking Lot 0 $1,800 per Year

LESSOR RESPONSIBILITY: Roof (Roof comes with Warranty), Structure, RE Taxes in Excess of $6,000, Parking Lot, Major CAM (more than $750 per occurrence)

Area Description

AREA TENANTS INCLUDE: Hardee's, E-Z Stop Food Mart, Golden Gallon, Ocoee Express.

PROPERTY is located at the intersection of US 64 and US 411 in Ocoee, TN. Site is approximately 11 miles from I-75.

Ocoee is in Polk County and located approximately 42.5 miles Northeast of downtown Chattanooga, TN.

Business Notes

LEASE GUARANTOR: Dollar General Corporation
S & P RATING: BBB-
TRADE SYMBOL: NYSE - DG

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
US 64 & US 411
Ocoee, TN 37361


County
Polk
Building StatusExistingTotal SF9,014Number of Floors1Lot Size1 AcresYear Built2004TenancySingle Tenant
Sale Price
$643,000.00

Date Sold
Jul 31, 2007

Attached Files

(Click to download)

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$4,250.00
Click for Financials Sheet

Financials


Annual NOI$51,000.00

Click for Financials Sheet

Land/Lot Info

Lot Size :1.00 Acres
The above information has been secured by sources deemed to be reliable, Tri Oak 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/User 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.