Strongstown, PA - Dollar General

Description:

• Dollar General has 7+ years remaining on their current lease
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,000 locations in 47 states as of February 2024
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for an out-of-state, passive investor
• Dollar General Stores is an American chain of variety stores that has become one of the most profitable stores in the rural United States with revenue reaching $34.22 billion
• The company has opened 1,050 new stores across the U.S. in 2023, expanding its presence to 47 states throughout the country

• Dollar General is strategically fronting Benjamin Franklin Highway averaging 9,600 VPD
• The asset has excellent visibility via street frontage providing ease and convenience for customers
• More than 22,000 residents and 4,000 employees support the trade area
• $74,954 average household income within a 1-mile radius