Dollar General | 7.75% Cap | Thompsonville, IL
Absolute NNN | 7.75% CAP | 9,026 SqFt
Marketing description
Dollar General Corporation (NYSE: DG) is one of the largest discount retailers in the United States and a leading provider of everyday essentials to rural and underserved communities. Founded in 1939, Dollar General operates more than 20,000 stores across 48 states, offering customers convenient access to consumables, household products, seasonal merchandise, basic apparel, and health and beauty items at affordable prices. The company's business model is centered around serving small-town America, where it often functions as a primary shopping destination for daily necessities. Through decades of expansion, strong brand recognition, and a focus on value-oriented consumers, Dollar General has established itself as one of the most successful and resilient retailers in the country.
Investment highlights
- Investment Grade Corporate Backed Lease: Dollar General is backed by an investment grade corporate guarantee with an S&P credit rating of "BBB" and operates more than 20,000 stores nationwide, making it one of the largest and most established discount retailers in the United States.
- Absolute NNN Lease Structure: This is an absolute NNN lease, meaning the tenant is responsible for all property related expenses, including real estate taxes, insurance, utilities, maintenance, repairs, replacements, and capital expenditures. There are zero landlord maintenance or management responsibilities and providing investors with a truly passive, management free income stream.
- Strong Rental Increases: The lease features 10% rental increases every five years beginning in 2030, creating predictable income growth and enhancing long term investment returns.
- Essential Rural Retail Location: Dollar General serves as a primary shopping destination for the surrounding community, benefiting from limited direct competition and a necessity based customer base.
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