The subject property has been occupied by Dollar General since 1999. This is a very profitable store for Dollar General Corporation. Gross sales for year-ending 2010 were $1.69 Million which far exceeds the average Dollar General. This lease offers a rare percentage rent clause which yielded Excess Rent of over $16,000 last year. Dollar General exercised their second option period of five years in 2009 through February 28, 2014. There are no defined lease terms after 2014 allowing the landlord the ability to add value by negotiating new lease terms. The tenant is responsible for most routine upkeep and maintenance. Since shoppers use a city-maintained parking lot there is very little maintenance required of the landlord. Dollar General provides reimbursement for real estate taxes and property insurance. The asking price is $469,000 which yields an investor a 10.20% Cap Rate.