Overview

Description

• 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 16,700 locations
• More than 10 years remaining on the original 15-year lease with 5 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% rental increases at the beginning of each option, generating NOI and hedging against inflation
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor

• Strategically fronting US-67, the main north/south roadway in the immediate trade area
• Centrally located between Little Rock and Arkadelphia, with other nearby Cities/Towns such as Hot Springs, Pine Bluff, and more
• This Dollar General is the only dollar store in Glen Rose and 10 miles from the nearest discount store, creating a large consumer draw within the immediate trade area
• The asset benefits from excellent visibility via significant street frontage along US-67 and is equipped with a large pylon sign

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