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 responsibilities for property maintenance and operational expenses. This structure simplifies ownership and maximizes net income.
• Lease Duration and Options: Approximately 9.1 years remain on the initial lease term, with four additional 5-year renewal options. Each option includes a 10% rent increase, ensuring consistent income growth over time.
• 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.
• Yield and Return: The investment offers an attractive return with an above-market yield, appealing to investors seeking dependable income streams in the retail sector.
• 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.
• Recent Remodel: The property was renovated by Dollar General in 2025 , demonstrating continued capital investment and long-term commitment to the location.