Dollar General

• Investment Grade Tenant: The property is anchored by Dollar General Corp., a Fortune 500 Company with an S&P credit rating of BBB. This underscores the tenant’s financial strength and reliability, enhancing the investment’s security.
• Corporate Guarantee: The lease benefits from a corporate guarantee by Dollar General Corp. (NYSE:DG), providing an additional layer of financial assurance to investors.
• Lease Terms: The lease is an Absolute NNN (Triple Net) structure, eliminating landlord expenses for property maintenance and operational expenses. This structure simplifies ownership and maximizes net income.
• Lease Duration and Options: Approximately 15 years remain on the initial lease term, with Five additional 5-year renewal options.
• Rent Increases: The lease includes a 5% rental increase every 5 years in the initial term and options.
• Recent Construction: The property was constructed as a Build-To-Suit (BTS) project in 2026, ensuring modern facilities that meet the tenant’s operational requirements and reducing potential future capital expenditures.
• Location and Competition: The property is situated in a strong location with limited retail competition, positioning it favorably within the market and supporting sustainable tenant performance.
• 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.