Investment-grade tenancy backed by a corporate guarantee from Dollar General Corporation (NYSE: DG), rated BBB by S&P and listed on the Fortune 500.
Absolute triple-net (NNN) lease structure with zero landlord responsibilities.
Strong retail location with minimal direct competition, supporting long-term tenant performance.
Offers an attractive return profile with an above-market yield relative to comparable net lease assets.
Tenant operates in a recession-resistant and e-commerce-resilient retail segment.
±4.1 years of primary lease term remaining, with three additional five-year extension options featuring 10% rental increases at each renewal.
Built-to-suit construction completed in 2014, tailored to tenant specifications, abundant natural light, and limited common walls for enhanced tenant privacy.