LEASE & LOCATION:

• Minimal competition as the subject property is the only national dollar store on Catawba Island, which covers a total land area of 16.9 square miles.
• Close proximity to Put-In-Bay, the main tourist attraction on Lake Erie, attracting ±750k visitors annually, with two ferry services departing directly from Port Clinton, increasing seasonal
  traffic to the area.
• Average household income of approximately $128,610 within a 5-mile radius.

 

TENANT:

• Dollar General boasts an investment-grade credit rating of BBB (S&P).
• Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
• 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 a market cap of ±$20 billion.