Dollar General- Walton IN

Investment-Grade Tenant: The property is anchored by Dollar General Corp., a Fortune 500 company with an S&P credit rating of BBB. This reflects strong financial stability and enhances the overall security of the investment.
Corporate Guarantee: The lease is backed by a full corporate guarantee from Dollar General Corp. (NYSE: DG), providing an added layer of assurance and reducing tenant credit risk.
Absolute NNN Lease Structure: The property operates under an absolute triple-net (NNN) lease, with the tenant responsible for all maintenance, taxes, and insurance. This eliminates landlord obligations and ensures a passive, predictable income stream.
Long-Term Lease with Growth: Approximately 9.2 years remaining on the initial lease term, with five (5) additional 5-year renewal options. Each renewal includes a 10% rental increase, offering built-in income growth and long-term upside.
Strategic Location with Limited Competition: The property is located in a strong retail corridor with minimal direct competition, supporting consistent tenant performance and long-term viability.
Attractive Yield Profile: The asset offers an above-market cap rate, making it an appealing opportunity for investors seeking stable cash flow and strong risk-adjusted returns.
Recession-Resistant Business Model: Dollar General operates in the discount retail sector, which has historically performed well during economic downturns and is less susceptible to e-commerce disruption.
Modern Build-To-Suit Construction: Developed in 2020 as a build-to-suit (BTS) for Dollar General, the property features modern construction tailored to tenant specifications, minimizing near-term capital expenditure risk.

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Kyle Matthews