About the Investment

• Original 15-Year Absolute NNN Lease | This investment property is subject to an absolute triplenet lease with over 4 years of lease term remaining. The lease is true triple-net and the tenant is responsible for all site maintenance including parking lot, roof, and structure. This makes the annual rent net to a potential landlord.
• Strong Corporate Guarantee | The lease is subject to a corporate guarantee from Dollar General (NYSE: DG), which operates over 19,000 stores in 47 states across the United States. Dollar General is the only investment grade credit dollar store operator.
• Attractive Annual Rental Increases | The lease features varied rental increases in each of 5, 5- year tenant renewal options. These steady, structured increases provide reliable income growth, enhancing the long-term value of the investment and ensuring rental rates stay competitive in the market over time. This feature positions the asset for improved cash flow and financial stability, appealing to investors looking for consistent returns.
• Robust Traffic Counts | The subject investment property is a Dollar General situated on Riverview Drive, which experiences an average daily traffic count of approximately 10,700 vehicles. Riverview Drive also serves as an access route to Gull Road, which brings an additional 22,700 vehicles into the immediate area.