Lease & Location:

• 2023 build-to-suit construction for Dollar General
• 15-Year absolute NNN lease (commencement of October 2024)
• 5% rental increases every 5-years for the life of the lease
• Dollar General MARKET stores are DG’s grocery store concept with an expanded section for consumables
• Larger Dollar General MARKET prototype (12,733 SF building)
• Zero landlord management responsibilities
• Larger ±2.23-acre lot

 

Tenant:

• Dollar General Market is a division of Dollar General Corporation (NYSE: DG), a Fortune 500 company with an investment-grade credit rating (BBB).
• 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