Proven Long-Term Operating History: Dollar General has successfully operated at this location since 2004. The tenant has exercised three lease extensions to date, underscoring its long-standing commitment to the site.
Recent Lease Extension: Dollar General executed a 5-year lease extension, further validating the location’s operational performance and long-term viability.
Scheduled Rent Escalation: The lease includes a 5% rental increase effective May 2027, providing built-in income growth for investors.
Recent Capital Improvements: The property has benefited from significant recent capital expenditures, including a full parking lot resurfacing (October 2025), installation of a new HVAC unit (February 2024), and a new HVAC compressor (April 2024), reducing near-term maintenance obligations.
Structured Long-Term Lease: The lease includes six (6) additional five-year renewal options, each with 5% rent increases, offering long-term income stability and inflation protection.