Dollar General | ABS NNN | 45,182 Residents
Arkansas | 8% CAP | Dense Retail Corridor
Investment highlights
LEASE & LOCATION:
● 2015 build-to-suit construction for Dollar General
● Absolute NNN Lease - Zero Landlord Responsibilities
● Centrally located in a strong retail corridor of Pine Bluff
● 5 Mile population in excess of 45,182 residents
● Corporately guaranteed lease from Dollar General Corporation
● Average household income of $60,076, which is considered to be in income “sweet spot” for Dollar General
● Nearby national tenants include AutoZone, Days Inn, KFC, O’Reilly, Walgreens, Wendy’s, Sonic, and more
TENANT:
● Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
● Dollar General boasts an investment-grade credit rating of BBB (S&P)
● Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
● Dollar General has a Market Cap of over 25 Billion
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