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Updated 6 days ago on . Most recent reply

User Stats

6
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3
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Brijesh R Patel
3
Votes |
6
Posts

Buying retail store with singe tenant Dollar General tenant.

Brijesh R Patel
Posted

Hi

I am just about to go into contract in buying 3 retail stores with the same National anchor tenant, " Dollar General", in a small rural area, with an absolute NNN lease for the next 8 years with two 5-year options. Question: Has anyone in BP community done something similar, and did you come across any unforeseen pitfalls that would have you reconsider your decision in hindsight? I know the biggest risk is that if they don't renew after 8 years, I may have a really hard time finding another tenant. (This is a diversification investment).

Thanks 


Brij

  • Brijesh R Patel
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