Dollar General

Investment Highlights

NEW UPGRADED 12,480 SF DOLLAR GENERAL MARKET
• The subject property is a 12,480 SF upgraded construction Dollar General Market.
• DG Market is a combo store with fresh produce, milk, meats and other groceries added to Dollar General’s usual mix of low-price general merchandise.
• The store is scheduled for delivery in November 2023.

NEAR WORLD’ S LARGEST KETCHUP PLANT (HEINZ) WITH OVER 500 EMPLOYEES
• The subject property is located 8 miles southeast of the world’s largest ketchup plant operated by Heinz in Fremont, OH.
• This Heinz Ketchup plant employs over 500 people and produces nearly 34 million cases of ketchup every year which is 80% of the ketchup sold in the United States.
• National Retailers in Fremont include Lowe’s Home Improvement, Kroger, Harbor Freight Tools, Buffalo Wild Wings and more.
• Fremont is the county seat of Sandusky county.

TOLEDO MSA | 4TH LARGEST CITY IN OH
• This Dollar General is located 40 miles southeast of Toledo and is a part of the MSA.
• Toledo is the 4th most-populous city in OH and 79th-largest city in the U.S.
• Toledo is the county seat of Lucas County, OH and a major Midwestern port city.
• Toledo has become well known for its industry in auto assembly and glass (hence the nickname “The Glass City”).
• Home to the Detroit Tigers’ triple-A professional baseball affiliate, bringing in around 540,000 visitors per year.

NEW 15-YEAR CORPORATE NNN LEASE
• Brand new 15-year corporate guaranteed NNN Lease with Dollar General.
• Tenant is 100% responsible for all expenses including taxes, insurance, parking lot, roof and structure.
• There are 10% rent increases in each of the Five, 5-year option periods.

INVESTMENT GRADE TENANT
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 19,300 locations and expanding by 1,050 stores each year.
• Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion