INVESTMENT HIGHLIGHTS

LEASE & LOCATION:

• ±13.25-years remaining on an ABS NNN lease with ZERO landlord responsibilities
• Dollar General signed a brand new 15 year lease in 2023 proving their commitment to this location
• 5% rental increases every 5 years, including in the five, 5 year options
• Limited competition with the nearest dollar store located over ±15 miles away
• Strong average household income of $76,126 (5 mile)

 

TENANT:

• Dollar General boasts 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