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Dollar General | Absolute Triple Net (NNN) | Wickes AR
7762 U. S. Hwy 71, Wickes, AR 71973
Listing Price: $930,500
Investment Overview
This absolute triple net (NNN) Dollar General provides a qualified investor with a long-term, true "sleep-at-night" investment opportunity. The long-term lease is corporately guaranteed by an investment grade company and has 6+ years remaining on the base term with five 5-year renewal options.
Dollar General (NYSE: DG) is a chain of more than 19,000+ discount stores in 47 states, with more than 158,000 employees, located primarily in the South, East, Midwest, and Southwest, offering basic household items, such as cleaning supplies, health, and beauty aids, apparel, and food. The target is low, middle, and fixed-income shoppers. One of Dollar General’s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations. Fortune 500 recognized Dollar General in 1999 and in 2022 it reached #106.
Dollar General | Absolute Triple Net (NNN) | Wickes AR
Investment Highlights
- BUILT-TO-SUIT CONSTRUCTION - Built exclusively for Dollar General in 2016, with 6+ years remaining on an initial 15 year term
- ABSOLUTE NNN LEASE - The absolute NNN lease structure offers a passive investor the change to own a property with zero obligations
- INVESTMENT GRADE TENANT - Dollar General boasts a strong credit rating of BBB (S&P) and has reported 34 consecutive quarters of sales growth
- RECESSION, E-COMMERCE RESISTANT TENANT - With over 19,000 locations, Dollar General serves every day essentials to America's rural communities
- MINIMAL COMPETITION - This is the only nationally recognized retailer serving the entire town of Wickes, and the 10-mile population of 4,355 residents
Listing Price: $930,500
Investment Highlights
- BUILT-TO-SUIT CONSTRUCTION - Built exclusively for Dollar General in 2016, with 6+ years remaining on an initial 15 year term
- ABSOLUTE NNN LEASE - The absolute NNN lease structure offers a passive investor the change to own a property with zero obligations
- INVESTMENT GRADE TENANT - Dollar General boasts a strong credit rating of BBB (S&P) and has reported 34 consecutive quarters of sales growth
- RECESSION, E-COMMERCE RESISTANT TENANT - With over 19,000 locations, Dollar General serves every day essentials to America's rural communities
- MINIMAL COMPETITION - This is the only nationally recognized retailer serving the entire town of Wickes, and the 10-mile population of 4,355 residents
Investment Overview
This absolute triple net (NNN) Dollar General provides a qualified investor with a long-term, true "sleep-at-night" investment opportunity. The long-term lease is corporately guaranteed by an investment grade company and has 6+ years remaining on the base term with five 5-year renewal options. Dollar General (NYSE: DG) is a chain of more than 19,000+ discount stores in 47 states, with more than 158,000 employees, located primarily in the South, East, Midwest, and Southwest, offering basic household items, such as cleaning supplies, health, and beauty aids, apparel, and food. The target is low, middle, and fixed-income shoppers. One of Dollar General’s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations. Fortune 500 recognized Dollar General in 1999 and in 2022 it reached #106.
