DOLLAR GENERAL

INVESTMENT HIGHLIGHTS

• Longer Term Occupancy – Dollar General has been operating at this location since 2014, with ±4.75 years of term remaining and 5 additional 5 year renewal options with 10% rental increases.
• Strong Corporate Guaranty – Dollar General continues to prove it’s resiliency, both in booming and economic downturns, including the COVID 19 pandemic. This “Essential” discount retailer boasts an investment grade credit rating of BBB (S&P) with now over 21,000 locations and plans to continue growing into the foreseeable future. This impressive $17 Billion company has also reported same store sales growth for 31 consecutive years through 2020, and again in 2022-Q3 2024, a record many other companies would envy.
• Great Location – This well populated (near 37,000 people in a 5 mile radius) site is just outside the city center, along 24th Ave, the direct artery into Downtown Meridian and near countless other national retailers.
• Placer AI – Solid ranking both nationally and within the state of Mississippi per Placer AI, reach out for more details.
• Absolute NNN Lease / Passive Ownership – The lease requires no landlord responsibilities, offering the most passive and reliable stream of income.
• Bite Size – This location is paying lower rent, offering a lower/bite-size price point and barrier of entry or a perfect solution for a smaller 1031 exchange.