Investment Highlights

CORPORATE GUARANTEED, ABSOLUTE TRIPLE NET LEASE
» Guaranteed by Dollar General Corporation (NYSE: “DG”)
» Tenant is responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot
» No landlord management, providing ideal investment opportunity for an out-of-area investor

MAJOR NATIONAL TENANT WITH STRONG FINANCIALS
» Dollar General Corporation is rated “BBB” by Standard & Poor’s and “Baa2” by Moody’s
» Dollar General’s yearly revenue exceeds $20 billion
» Dollar General operates 13,000 locations in 43 states and has plans for significant future growth

PRIME LOCATION IN HIGH-GROWTH AREA WITH STRONG CUSTOMER BASE
» Located on Highway 30, with excellent access to downtown Huntsville and Interstate 45 (56,095 AADT)
» Close proximity to Sam Houston State University, Huntsville’s second largest employer, with 20,488 students and 3,817 employees
» Tremendous opportunity for growth in area due to expanding Houston and Dallas metros – current development projects in Huntsville are valued at over $88.4 million

BRAND NEW 2017 CONSTRUCTION
» High-quality construction completed in 2017
» Built to Dollar General’s exact specifications, demonstrating long-term commitment to the location

Click Here to Download Offering Memorandum

Property Description

SOLD

The property is strategically located on State Highway 30, which provides direct access to Interstate 45, a high-traffic thoroughfare with 56,095 vehicles per day. The property is approximately five miles from downtown Huntsville and Sam Houston State University (SHSU). SHSU is one of the fastest growing universities in Texas, with a current enrollment of 20,488 students. The university also has 3,817 employees, making it the second largest employer in Huntsville.

As a semi-regional shopping hub, Huntsville is home to a number of major national retailers. Ravenwood Village, a large shopping center located a short drive from the property, is anchored by Target, Kroger, Academy Sports & Outdoors, and Marshalls. The center, which is currently undergoing an expansion, features a variety of other notable tenants, including Ross, Petco, Maurices, GameStop, Sally Beauty Supply, and Olive Garden. Other retailers in the area include Walmart Supercenter, Home Depot, Hobby Lobby, Tractor Supply, CVS, and Walgreens.