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5698 Territorial Rd, Benton Harbor, MI, 49022

DOLLAR GENERAL
Closed

Key Information

Tot. SF
10,681
Year Built
2022
Term Remaining
±12.25 YRS
Type
Retail

Highlights

INVESTMENT HIGHLIGHTS

LEASE AND LOCATION

  • Brand new 2022 build-to-suit construction for Dollar General
  • Dollar General PLUS concept (larger 10,681 SF building)
  • DG PLUS concepts confirm that the tenant is projecting above average sales volume for this location
  • ±12.25 years remaining on an initial 15-Year lease
  • Absolute NNN lease w/ zero management responsibilities
  • Five, 5-Year renewal options, all of which include an attractive 10% rental increase

LEASE AND LOCATION LEASE AND LOCATION

  • Dollar General boasts an investment grade credit rating of BBB (S&P).
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203