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Dollar General

8550 S Central Ave, Phoenix, AZ 85042

Listing Price: $1,504,120

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.40

Investment Overview

Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar
General helps shoppers save money and time every day by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares
and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General offers
products from America’s most-trusted manufacturers as well as from high-quality private brands. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th largest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

Investment Highlights

  • Triple-Net (NNN) Corporate Lease with Approx. 3 Years Remaining
  • 10% Rental Increases in Each of Three, Five-Year Renewal Options
  • Dollar General's Net Sales Increased 2.2% to $38.7 Billion in 2023
  • 182,275 Residents within a 10-Mile Radius
  • Less Than a Mile From National Tenants Such as Planet Fitness, Fry's Food and Drug, Discount Tire, AutoZone Auto Parts, and etc.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Discount

Dollar General

Listing Price: $1,504,120

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.40

Investment Highlights

  • Triple-Net (NNN) Corporate Lease with Approx. 3 Years Remaining
  • 10% Rental Increases in Each of Three, Five-Year Renewal Options
  • Dollar General's Net Sales Increased 2.2% to $38.7 Billion in 2023
  • 182,275 Residents within a 10-Mile Radius
  • Less Than a Mile From National Tenants Such as Planet Fitness, Fry's Food and Drug, Discount Tire, AutoZone Auto Parts, and etc.

Investment Overview

Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General offers products from America’s most-trusted manufacturers as well as from high-quality private brands. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th largest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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