Dollar General- Andrews-IN

Investment-Grade Tenant: The property is leased to Dollar General Corp., a Fortune 500 company with an S&P credit rating of BBB. This investment-grade tenancy highlights strong financial stability and enhances the overall security of the asset.
Corporate Guarantee: The lease is backed by a full corporate guarantee from Dollar General Corp. (NYSE: DG), providing an added layer of credit assurance and reducing tenant default risk.
Absolute NNN Lease Structure: The lease is structured as Absolute Triple Net (NNN), with zero landlord responsibilities for maintenance, repairs, or operating expenses—offering a truly passive ownership experience and predictable net income.
Long-Term Lease with Growth: Approximately ±9.3 years remain on the current lease term, complemented by five 5-year renewal options. Each option period includes a 10% rent escalation, delivering built-in income growth and long-term value appreciation.
Strategic Location with Limited Competition: The property is well-positioned in a strong retail corridor with minimal direct competition, enhancing its market presence and supporting sustained tenant performance and long-term viability.
Attractive Yield Profile: The asset offers an above-market return, making it highly appealing to investors seeking stable, passive income backed by a nationally recognized retail tenant.
E-Commerce and Recession Resistance: Dollar General operates in an industry sector that is both e-commerce and recession-proof, contributing to the property’s long-term stability and resilience against economic fluctuations.
Recent Construction: The property was constructed as a Build-To-Suit (BTS) project in 2020, ensuring modern facilities that meet the tenant’s operational requirements and reducing potential future capital expenditures.

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Kyle Matthews