Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire an absolute, triple-net single-tenant Dollar General investment located in Gurley, Alabama. The building was a build-to-suit for Dollar General in 2015 and sits on 2.40 acres near the corner of Brownsboro Road and Hurricane Creek Road, which experiences approximately 7,500 vehicles per day. The firm term lease in-place runs through February 2030 with five, five-year renewal options thereafter, each with rental escalators. Dollar General is financially responsible for everything at the subject site including real property taxes, insurance, and all common area maintenance costs (including roof, structure and parking lot). The property also benefits from being located less than 20 minutes from Huntsville, AL, Alabama’s second largest city by population. Dollar General (NYSE: DG) is one of the largest discount retailers in the US with more than 17,000 stores in 46 states and growing. Dollar General’s market capitalization is more than $50 billion and the company has an investment-grade corporate credit rating through the major rating agencies.