2018 build-to-suit construction for Dollar General
Dollar General has approximately ±8.25 years remaining on its initial 15- year lease term, with three (3) additional five-year option periods
The lease features 10% rental increases at the start of each option period, ensuring NOI growth and providing a hedge against inflation
Absolute NNN lease structure with zero landlord responsibilities—the tenant covers all expenses, including CAM, taxes, insurance, and property maintenance
The site benefits from excellent visibility, with significant street frontage and a large pylon sign ensuring strong exposure
Minimal competition in the 5-mile trade area, making this location a key retail destination for local consumers
Nearly 22,000 residents and 8,500 daytime employees support the local economy, driving consistent customer traffic
Average household income of $77,000, reflecting a solid consumer base with strong purchasing power
Dollar General boasts an investment grade credit rating of BBB (S&P).
Dollar General has ±21,000 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