Premier Location at Signalized Intersection – This store is positioned at one of the main intersections in New Castle with a close proximity to the downtown district.
Dense Residential Pocket & Easy Access to Consumer Base – There is an estimated +2,500 residential houses within a 1-mile radius of this Dollar General per AI data.
Strong Operational History with Renewals – due to the site level success, Dollar General has exercised multiple renewal options & extensions.
Double Net (NN) Lease Structure – Limited Landlord Responsibilities.
Recession Resistant Tenant – Dollar General has been historically profitable during downturns in the U.S. Economy. Won the Silver Globe Business Excellence Award for their COVID-19 response.
Base Term of Lease with Options – This DG has over ±4 years remaining on the base term of the lease, with multiple options to extend for 5 years at a time.
Rental Increases – Future owner will capitalize on increases during each option.