INVESTMENT OFFERING
SAB Capital is pleased to present Dollar General in Salem, CT, located about 35 miles northeast of New Haven. This is an absolute triple net (NNN) lease with zero landlord responsibilities. The property is located near the major intersection of New London Rd. and Norwich Rd. in a high-income submarket with over $125,000 average household income in 5 miles.
- Dollar General in Salem, CT | 36 Miles Northeast of New Haven
- Long-term Lease | Tenant Has Over 12 Years Remaining in Base Term
- High-Credit Corporate Guarantee | Dollar General Has Over 17,000 Stores
- Zero Landlord Responsibilities | Absolute NNN Lease Structure
- High-Income Local Population | Over $126,000 Average Household Income Within 5 Miles
- Near Major Intersection | Under 1,000 ft. From New London Rd. and Norwich Rd. Seeing Over 12,000 Vehicles Per Day
- Strong Surrounding of Retail | Nearby Retailers Include Anytime Fitness, Dunkin’, and Chelsea Groton Bank
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Dollar General | $1,958,237 | % | Closed |
