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Dollar General

700 W Main St, John Day, OR 97845

Listing Price: $2,581,778

Cap Rate
5.40%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$15.45

Investment Overview

Brand New Construction 15-Year Absolute NNN Corporate Guaranteed Dollar General (S&P: "BBB")

Investment Highlights

  • The Property features an Absolute NNN lease with ZERO Landlord management or repair responsibilities.
  • The Property benefits from an untapped market as the only nationally branded dollar/general store in Grant County Oregon, providing a unique opportunity to serve a community looking for convenience and savings.
  • Dollar General deemed an "Essential Tenant" through Covid-19 related shelter-in-place orders.
  • The Property is located directly on Main St (where Hwy 26 and Hwy 395 merge) which sees 6,100+ VPD and is strategically poised to serve Central Oregon communities with limited dollar store access.
  • Brand new 2021 construction with a 15-year Absolute NNN lease providing an investor with long term passive cash flow.
  • The Lease is guaranteed by Dollar General Corporation (NYSE: DG). Dollar General has an S&P investment grade credit rating of "BBB".

Exclusively Listed By

Broker of Record

  • Adam A. Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s) OR: 201209561

    Oregon

Listing Price: $2,581,778

Cap Rate
5.40%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$15.45

Investment Highlights

  • The Property features an Absolute NNN lease with ZERO Landlord management or repair responsibilities.
  • The Property benefits from an untapped market as the only nationally branded dollar/general store in Grant County Oregon, providing a unique opportunity to serve a community looking for convenience and savings.
  • Dollar General deemed an "Essential Tenant" through Covid-19 related shelter-in-place orders.
  • The Property is located directly on Main St (where Hwy 26 and Hwy 395 merge) which sees 6,100+ VPD and is strategically poised to serve Central Oregon communities with limited dollar store access.
  • Brand new 2021 construction with a 15-year Absolute NNN lease providing an investor with long term passive cash flow.
  • The Lease is guaranteed by Dollar General Corporation (NYSE: DG). Dollar General has an S&P investment grade credit rating of "BBB".

Investment Overview

Brand New Construction 15-Year Absolute NNN Corporate Guaranteed Dollar General (S&P: "BBB")

Exclusively Listed By

Broker of Record

  • Adam A. Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s): OR: 201209561

    Oregon

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