Dollar General | BTS Construction | New 15-Yr Lease

Highlights:

• New Build-to-Suit Construction on Oversized 2.54±AC Parcel with Direct Frontage to US HWY 1 South Exposing Subject to Over 25K± Vehicles-per-Day
• New 15-Year Lease with ten (10%) percent Increases at each of the three (3) five-year Renewal Option Periods
• Investment Grade Tenant, Rated 'BBB' by S&P / Baa2 by Moody's [NYSE: DG]
• Dollar General is the Nation's Largest Small-Box Retailer and recently reported Q2 2024 Net-Sales increased 4.2% to $10.2B in Company's Second Quarter Earnings Report (Ending on August 2, 2024) compared to $9.8B in Q2 of 2023
• The City of Vero Beach has experienced consistent annual growth of 1.7% and its population has grown by 7.17% since the most recent Census in 2020

Description:

New Build-to-Suit Construction on Oversized 2.54±AC Parcel with Direct Frontage to US HWY One, a Prominent Commercial Corridor in the City and Exposing Subject to Over 25K Vehicles-per-Day. New 15-Year Lease featuring ten (10) percent Increases at Commencement of each of the three (3) 5-year Renewal Option Periods | Investment Grade Tenant, Rated 'BBB' by S&P / Baa2 by Moody's [NYSE: DG]. Dollar General is the Nation's Largest Small-Box Retailer and recently reported Q2 2024 Net-Sales increased 4.2% to $10.2B in Company's Second Quarter Earnings Report (Ending on August 2, 2024) compared to $9.8B in Q2 of 2023. The City of Vero Beach has experienced consistent annual growth of 1.7% and its population has grown by 7.17% since the most recent Census in 2020.

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