385 N Main Street, Nephi, UT 84648

ANCHOR TENANT LEASE | 10% INCREASES | MINIMAL LANDLORD RESPONSIBILITIES Anchor Tenant, Dollar General signed a fifteen (15) year in July 2007. The triple-net (NNN) lease requires limited landlord responsibilities, with Landlord being responsible for the construction of, and all maintenance and repairs to, the property. Dollar General lease also features 10% rental increases every 5 years during the primary term and each of the three (3) five-year option terms providing a hedge against inflation and significant income growth. Dollar General exercised their first option to renew in 2022.

RETAIL CORRIDOR The Dollar General property at 385 N Main Street sits at the heart of Nephi’s compact retail corridor along US-91 (Main Street), drawing from a 15–20-mile rural trade area with 6,500 residents and heavy I-15 pass-through traffic (over 20,000 vehicles daily), ensuring consistent footfall for value-driven shoppers. Major retailers in the trade area include Maverik, Wells Fargo, Wendy’s, Arby’s, Burger King, O’Reilly Auto Parts and many more.

EXCELLENT ACCESS & VISIBILITY Dollar General is located conveniently on Main Street with easy access to I-15 which operates as the primary north-south with 45,000+ daily traffic counts.