Dollar General

Investment Highlights

2024 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 December 2023.

INTERSTATE LOCATION (36,527 VPD)
• This Dollar General is located 2.5 miles off Interstate 69 (36,527 VPD). I-69 connects Garrett to Fort Wayne, IN.

FORT WAYNE MSA | 2ND LARGEST CITY IN IN
• The subject property is located 30 minutes north of downtown Fort Wayne off interstate 69 (36,527 VPD).
• With an estimated population of 264,488, Fort Wayne is 77th most populated city in the U.S. and the second largest city in Indiana, after Indianapolis.
• Fort Wayne is the cultural and economic center of northeastern Indiana.
• Home to multiple colleges and universities including Ivy Tech (172,200 Students), Indiana University (10,414 Students), and Purdue University Fort Wayne (8,390 Students).
• Fort Wayne is the county seat of Allen County.

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, 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