Overview

Description

DuWest Realty Partners Investment Services has been exclusively retained to present the opportunity to acquire Dollar General Market ("The Property"), a 12,687 SF single tenant absolute triple-net (NNN) lease retail property located in Hominy, Oklahoma. The lease commenced on October 11, 2023. The current annual rent is $144,709 and is scheduled to increase by 5% every five years through base term and the option periods.

As the only grocery store in the surrounding 10-mile radius (17 minute drive), the acquisition of this DG Market offers investors a strong, passive income opportunity. Investors have zero landlord responsibilities. The Property offers steady cashflow from a highly experienced tenant and is corporate- guaranteed.

For any investor, this DG Market is a safe, long-term investment as Dollar General has strict store expansion criteria. Dollar General builds stores with the mindset of providing positive economic growth to the communities they serve. Meeting customer needs is Dollar General's top priority when evaluating potential new store locations. Local demographics are surveyed to ensure the Dollar General store will fit into the community relating to pricing, value, and selection of needs for the customer base in the area.

Highlights

• ABSOLUTE NNN LEASE
• STRONG HISTORICAL SALES WITH CORPORATE GUARANTEE
• BRAND NEW CONSTRUCTION WITH A 15 - YEAR LEASE

Documents

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