Overview

Description

Dollar General is the largest dollar store chain in the United States operating approximately 19,147 stores in 47 states. The company offers products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Founded in 1939 by Cal Turner, Dollar General is headquartered in Goodlettsville, TN and is a Fortune 500 company, ranking #106 as of 2022. Dollar General has a Standard & Poor’s investment grade credit rating of BBB/Stable and has reported same-store sales growth for 33 consecutive years. During fiscal year 2022, the company opened 1,039 new stores, remodeled 1,795 stores, and relocated 127 stores. The company plans to execute 3,170 real estate projects in fiscal 2023, including 1,050 new store openings, 2,000 remodels, and 120 store relocations. Dollar General reported a total revenue of $37.8 billion, a net income of $2.41 billion, and a net worth in excess of $6.8 billion as of February 3, 2023.

Highlights

• Located on the Corner of Old Biloxi Road & Joe Batt Road
• Long-Term Lease & Renewal Options
• Absolute NNN
• Robust Investment-Grade Tenant
• Population of 86,682 within a 10-Mile Radius.
• Clear Visibility & Access

Documents

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