INVESTMENT HIGHLIGHTS

• Long Term Occupancy + Extended Lease – Dollar General has been operating at this location since 2005, and has extended their lease multiple times proving the concept and need for its goods and services in the community. Currently there is a fresh ±4 years of term remaining with 2 additional 5 year renewals and rental increases.
• Strong Corporate Guaranty – Dollar General continues to prove it’s resiliency, both in booming and economic downturns, including the COVID 19 pandemic. This “Essential” discount retailer boasts an investment grade credit rating of BBB (S&P) with now over ±21,000 locations and plans to continue growing into the foreseeable future. This impressive $17 Billion company has also reported same store sales growth for 31 consecutive years through 2020, and a again in 2022 Q3 2024, a record many other companies would envy.
• Great Location – This densely located (near 100,000 in a 5 mile radius) site is just off of I-75, the North/South artery between Cincinnati and Dayton, OH, next to the Towne Mall and many other national retailers. Some of these include Lowe’s, Aldi, Kohl’s, Planet Fitness, Meijer, Kroger, KFC, Buffalo Wild Wings, Cracker Barrel, Applebee’s, and countless others.
• Passive Ownership – The lease requires minimal landlord responsibilities, offering a more passive and reliable stream of income. Tenant also pays a fixed monthly “Parking Lot Maintenance Contribution”, providing additional income to offset any related Landlord maintenance expenses. See financials page.
• Bite Size – This location is paying lower rent, offering a lower/bite-size price point and barrier of entry or smaller 1031 exchange.