Free-standing Dollar General | Absolute NNN Leased | FOR SALE

Highlights:

• PASSIVE INCOME | Absolute NNN Lease | No Landlord responsibilities | New Constructio
• STRONG CORPORATE GUARANTY | Dollar General is ranked #91 on the Fortune 500 list, a jump from their ranking of 112 in previous years | Over 17,000 locations in 46 states | Included on Fortune’s World’s Most Admired Companies
• E-COMMERCE + PANDEMIC + RECESSION RESISTANT TENANT | Dollar General Sales increased 17.9% and same-store sales increased 5.7% from 2021 to 2022 | Classified as Essential Business
• FILLS A MARKET GAP | With the next nearest Dollar General 8 miles away, this location is poised to experience continued demand from the surrounding community
• • Year 1 Rent: $104,616 • 10,640 SF Building • August 2038 Lease Expiration • 10% Escalations Each Renewal Option • Zero Landlord Responsibilities • Five (5), Five Year Options
• GROWING & PROACTIVE BRAND | Dollar General plans to execute 1,050 real estate projects in 2023, which include new stores, remodels, and relocation stores
• BRAND RECOGNITION | 75% of Americans live within 5 minutes of a Dollar General | Dollar General is the nation’s top dollar store
• IDEAL DEMOGRAPHICS FOR DISCOUNT CONVENIENT STORE | Median Household Income of $56,438 within a 5-mile radius
• HIGH DEMAND CONCEPT | Throughout the course of the Covid-19 pandemic, investor demand in the dollar store sector increased to record levels | The net lease dollar store sector will continue to be active as investors are attracted to the strong credit tenants that this asset class provides

Description:

Atlantic Capital Partners has been engaged to offer a free-standing, Absolute NNN Leased, corporately guaranteed Dollar General. The subject property features 10,640 square feet of retail space and 40+ parking spaces. Ideally located around residential homes, the subject property has built in demand and will see sustained demand from the surrounding community as its primary grocery store.

• Absolute NNN 15-year lease - Zero landlord responsibilities
• Corporate guaranty (17,000+ Stores)
• E-Commerce + Pandemic + Recession resistant tenant - Sales increased during Covid
• Highly desirable, growing & proactive brand
• 2023 construction with warranties in place
• Ideal Dollar Store demographics + customers

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