Discount
Dollar General | Brand New 15-Year Absolute NNN Lease | Spokane/Coeur d'Alene MSA
510051 US-95, Bonners Ferry, ID 83805
Listing Price: $2,329,536
Investment Overview
Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale a brand new 2023 construction Dollar General. The Property is located in the rapidly growing Spokane/Coeur d'Alene MSA and benefits from its direct exposure on HWY 2 & 95 (8,800+ VPD). The Subject Property is located roughly 35 miles north of Sandpoint, ID, and Lake Pend Oreille, the largest Ski Resort and lake respectively in Idaho. The Property features 15 years of lease term guaranteed by DG Retail, LLC (Dollar General Corporate, featuring an S&P "BBB" credit rating). The lease type is Absolute NNN with the Landlord having no management or repair responsibilities. Dollar General operates 19,000+ stores in 47 states and in the 2022 fiscal year saw $37.8 Billion in sales nationwide.
Investment Highlights
- NEW CONSTRUCTION / LONG-TERM 15-YEAR LEASE
- ABSOLUTE NNN LEASE
- DOLLAR GENERAL CONTINUOUS GROWTH
- RECESSION-PROOF / ESSENTIAL TENANT
- CORPORATE GUARANTEE (S&P "BBB") / NATIONAL TENANT
- LIMITED DOLLAR STORE COMPETITION
- STRATEGICALLY LOCATED / PRIME FRONTAGE
- RAPIDLY GROWING SUBMARKET
Exclusively Listed By
Broker of Record
Discount
Dollar General | Brand New 15-Year Absolute NNN Lease | Spokane/Coeur d'Alene MSA
Listing Price: $2,329,536
Investment Highlights
- NEW CONSTRUCTION / LONG-TERM 15-YEAR LEASE
- ABSOLUTE NNN LEASE
- DOLLAR GENERAL CONTINUOUS GROWTH
- RECESSION-PROOF / ESSENTIAL TENANT
- CORPORATE GUARANTEE (S&P "BBB") / NATIONAL TENANT
- LIMITED DOLLAR STORE COMPETITION
- STRATEGICALLY LOCATED / PRIME FRONTAGE
- RAPIDLY GROWING SUBMARKET
Investment Overview
Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale a brand new 2023 construction Dollar General. The Property is located in the rapidly growing Spokane/Coeur d'Alene MSA and benefits from its direct exposure on HWY 2 & 95 (8,800+ VPD). The Subject Property is located roughly 35 miles north of Sandpoint, ID, and Lake Pend Oreille, the largest Ski Resort and lake respectively in Idaho. The Property features 15 years of lease term guaranteed by DG Retail, LLC (Dollar General Corporate, featuring an S&P "BBB" credit rating). The lease type is Absolute NNN with the Landlord having no management or repair responsibilities. Dollar General operates 19,000+ stores in 47 states and in the 2022 fiscal year saw $37.8 Billion in sales nationwide.
Exclusively Listed By
Broker of Record

