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100 Bing Avenue, George, WA, 98848

DOLLAR GENERAL
Closed

Key Information

Tot. SF
10,640
Year Built
2023
Term Remaining
±13.5 YRS
Type
Retail

Highlights

LEASE & LOCATION

  • 2024 build-to-suit construction for Dollar General
  • 15-year absolute NNN lease (commencement in January 2024)
  • 5% rental increases every 5-years for the life of the lease
  • Larger Dollar General PLUS prototype (10,640 SF building)
  • Zero landlord management responsibilities
  • Washington is an income tax free state
  • Average household income of $66,877 (considered to be Dollar General’s “sweet-spot”)

 

TENANT:

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

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 21256 (WA)
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241