Monticello, AR - Dollar General

Description:

• Dollar General just signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 5% increases every 5 years throughout the initial term and option periods
• The newly-constructed building features a state-of-the-art design with high-quality materials
• 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

ollar General is strategically fronting U.S. Hwy 425 averaging 15,000 VPD
• The immediate trade area is supported by surrounding retailers such as Walmart Supercenter, Take 5, Taco Bell, McDonald’s, Wendy’s, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset has excellent visibility via street frontage and a large pylon sign providing ease and convenience for customers