LEASE & LOCATION:

• 2023 build-to-suit construction for Dollar General
• 15-year absolute NNN lease (commencement of December 2023)
• 5% rental increases every 5-years for the life of the lease
• Larger Dollar General PLUS prototype (10,566 SF building)
• Zero landlord management responsibilities
• Population of 212,623 residents within a 10-mile radius
• New Lebanon is located in Southeastern Ohio roughly 10-miles West of Dayton

 

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