Dollar General

• New 2026 Construction: ±10,640 SF Dollar General build-to-suit, currently under construction and scheduled to open in November 2026.
• 15-Year NNN Lease With Scheduled Rent Growth: Corporate-guaranteed triple net lease with 5% rent increases every five years throughout the initial term, and five successive five-year renewal options with additional 5% increases.
• Investment-Grade National Tenant: Dollar General Corporation (NYSE: DG) carries S&P BBB and Moody’s Baa3 credit ratings, both with stable outlooks. Fiscal 2025 revenue totaled $42.72 billion, while Q2 2026 sales increased 5.2% to $11.3 billion.
• Recession-Resistant Essential Retailer: Value-priced groceries, health products, cleaning supplies, and household necessities support recurring customer demand, with consumables representing approximately 82% of fiscal 2025 sales.
• Established Retail Corridor & Convenient Highway Access: Positioned near US-224 with convenient access to West Market Street’s national retailers, including Walmart, Kroger, Lowe’s, Hobby Lobby, and Harbor Freight. Hobby Lobby’s new 60,000 SF store opened in 2025, demonstrating continued investment in the corridor.
• Substantial Trade Area & Attractive Household Incomes: Approximately 25,000 residents within five miles, with an average household income of over $87,000 and a strong 75% homeownership rate.
• Immediate Hospitality, Dining & Event Drivers: Neighboring 65-room Hampton Inn, Carmie’s BBQ & Grill, and Camden Falls Reception & Conference Center—which accommodates up to 550 guests—provide complementary activity from hotel guests, diners, business groups, and wedding attendees.
• Two-University Market: Nearby Tiffin University serves approximately 1,400 undergraduate students at its Tiffin campus, while Heidelberg University enrolls approximately 1,180 undergraduate and graduate students. Together, the universities field 50 varsity teams, supporting additional activity from athletics, visiting families, faculty, and staff.
• Strong Economic Investment: Tiffin ranked No. 5 nationally among micropolitan areas for qualifying corporate facility projects in 2025. Kreate subsequently announced a $100 million investment in a 542,000 SF Tiffin manufacturing facility, expected to create approximately 120 jobs.