• 2020 build-to-suit construction for Dollar General with ± 8.5 years remaining on an initial 15-year absolute NNN lease.
• Attractive 7.65% return on a stabilized investment-grade credit tenant.
• Close proximity to Pymatuning State Park and Pineview Campgrounds— two major tourist destinations featuring more than 650 campsites and 25 modern cabins — generating consistent consumer traffic and supporting surrounding retail demand.
• Pierpont, OH, is located 17 miles southeast of Ashtabula, OH, and 35 miles southwest of Erie, PA.
• Minimal competition — the nearest national dollar-store competitor is 10+ miles away, allowing Dollar General to maintain a dominant position within the local market.
• Dollar General boasts an investment-grade credit rating of BBB (S&P).
• Dollar General has ±20,000 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.
• Dollar General has a market cap of ±$23 billion.