Dollar General

Optimal Lease Structure

• True NNN lease with no landlord responsibilities
• Original 15-year base term with 11.5+ years remaining
• Corporately guaranteed lease by Dollar General Corporation
• Large building footprint of 10,566 SF, which allows DG to offer more grocery items
• Fundamentally low base rent of $10.81 PSF

Best-in-Class Tenant

• Investment-grade credit ratings: BBB (Stable) from S&P and Baa3 (Stable) from Moody’s
• Generated $43.1 Billion in trailing 12-month net sales and operates 20,900+ stores across 48 states
• Ranked #111 on the Fortune 500 (2025) and has appeared on the list every year since its 2009 IPO
• Recognized among Fortune’s World’s Most Admired Companies and Newsweek’s America’s Most Loved Brands in 2025

Strong Market Demographics

• Current population of 67,638 within a 15-minute drive time, projected to grow to 70,417 by 2030 (+4.1%)
• 91,642 daytime/workday population driving consistent daily traffic
• 5-year projected population growth rate of 4.11%
• Average household income of $78,000, projected to reach $86,500 by 2030 (+11.0%)
• Median owner-occupied home value of $201,800, projected to reach $226,300 by 2030 (+12.2%)
• Median age of 41 with a notable 65+ population — a key Dollar General core shopper segment

Greenville/Spartanburg MSA Advantages

• Home to 40+ Fortune 500 companies and 250+ international firms from 28 countries, making the region one of the Southeast’s most globally connected business markets
• Major employers include BMW Manufacturing (11,000+ employees), Michelin North America (9,000+ employees), GE Vernova, Prisma Health, and Bon Secours St. Francis Health System
• BMW Plant Spartanburg, the company’s largest facility worldwide, generates a $26.7 Billion annual economic impact and exported more than $10 Billion in vehicles in 2024
• Manufacturing investment remains strong, with $8+ Billion announced in 2024 and an additional $4.2 Billion committed across Greenville and Spartanburg Counties in 2025
• The industrial market recorded 11.3 Million square feet of net absorption in 2025, while vacancy fell 276 basis points, supporting continued Class A rent growth
• Inland Port Greer recently doubled its cargo capacity, providing access to 43% of the U.S. population within a one-day truck drive
• Isuzu North America broke ground on a $280 Million, 1 Million-square-foot assembly plant in Greenville County in 2025, with operations expected to begin in 2027
• The technology sector continues to expand, highlighted by NorthMark Strategies’ $2.8 Billion high-performance computing campus in Spartanburg, with initial operations planned for 2026
• Tourism generated a $2.5 Billion economic impact in Greenville County in 2024, while the Greenville-Anderson-Greer MSA was named a Top 10 Hottest Housing Market for 2025 and is projected to surpass 1 million residents by 2027