Investment Overview

This e-commerce resistant, two tenant, passive investment opportunity offers a purchaser two nationally recognized household name tenancies. The corporate guaranteed Dollar General extended their lease in 2019, showing their commitment for being at this location having occupied the site since 2006. Gold’s Gym offers a new 10 year NNN lease with 10% rent bumps including option periods to commence upon close of escrow. All CAMs pass thru to the Tenant making this acquisition a true sleep-at-night opportunity. The location was completely renovated in 2013, and the Gold’s Gym expanded their presence by taking over the remaining adjacent vacant space in 2017 due to the locations popularity. The site also received over $350,000 toward common area improvements in 2022. Gold's Gym has been the world's trusted fitness authority since 1965. From its humble beginnings as a small gym in Venice, California, Gold's Gym has grown into a global icon with nearly 740 locations serving 3 million people across six continents each day. 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.