Dollar General
Retail | 6.50% CAP | 12,668 SF
Marketing description
We are pleased to present an opportunity to purchase an investment grade single tenant net leased asset occupied by Dollar General (NASDAQ: DG) located at 16453 Vimy Ridge Road in Alexander, Arkansas. This investment is a Dollar General Market which sells produce and fresh meats, and are a necessary addition to the immediate neighborhoods they serve. Dollar General Markets have a selection of fresh items like produce, meat, dairy products, and perishable foods. The lease is brand new with a 15 year term commencing May of 2024 and is equipped with 5, 5-year options and the newest lease structure of 5.0% rental escalations every five (5) years.
Investment highlights
Brand New 15-Year Lease Starting May 2024, with 5, 5-Year Renewal Options
Lease Structure Includes 5.0% Rental Escalations Every Five Years
Investment grade Credit Tenant (Rated “BBB” by Standard & Poor) with no Landlord Responsibilities
Investment opportunity featuring Dollar General Markets in Arkansas
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