Boise City, OK - Dollar General

Description:

• Dollar General has recently exercised a 5-year extension with 3 (5-Year) options remaining, demonstrating commitment to the site
• The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• DG has increased their rent by 10% showing their strong commitment to the site
• 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

• Dollar General is located at the hard corner intersection of E. Main St and Hart Ave. which average a combined 4,700 VPD
• The asset is in close proximity to multiple national/credit tenants including Subway, Love’s, Diary Queen, and many more
• The site benefits from close proximity to Cimarron Memorial Hospital (25 beds), increasing consumer traffic in the trade area
• The asset has excellent visibility via street frontage providing ease and convenience for customers