Investment Highlights

15-YEAR NNN LEASE WITH CORPORATE GUARANTY
» 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
» Ideal investment opportunity for an out-of-area investor
» Upgraded 2019 construction built to Dollar General’s latest prototype

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 revenues exceed $25.6 billion
» Dollar General operates more than 15,000 locations in 44 states and has plans for significant future growth

HIGH-TRAFIFIC LOCATION IN DENSELY POPULATED, GROWING, AND AFFLUENT AREA
» Immediate access to two major residential subdivisions under construction, Severance Shores (275 residences) and Hunters Crossing (409 residences)
» $112,025 average household income within a three-mile radius
» Excellent visibility and access to 7,000 vehicles per day directly in front of the location on West 4th Avenue, with a projected population growth of 28 percent by 2024 within one mile of the property (25 percent within three miles, 17 percent within five miles)
» Pylon sign along West 4th Avenue, increasing foot traffic and visibility to the site
» Within five-mile radius of five schools with combined enrollment of 3,156 students
» Gateway to the Rocky Mountains (4.5 million annual visitors, $722 million economic impact)
» 29,218 residents within five miles of the location

Property Description

SOLD

The property is conveniently located on West 4th Avenue, with excellent visibility and access to 7,000 vehicles per day directly in front of the site. Traffic to the property is increased by the prominent pylon sign along West 4th Avenue. The site resides in an area with affluent demographics, with an average household income of $112,025 within a three-mile radius of the location. The site’s location in Severance serves as a highly trafficked gateway to the Rocky Mountains, which welcomes 4.5 million annual visitors and generates a $722 million economic impact.

The site is surrounded by a strong mix of local retailers, and visibility is increased by the site’s proximity near large schools and community hubs. Severance is growing rapidly, with a projected population growth of 28 percent by 2024 within one mile of the property (25 percent within three miles, 17 percent within five miles). The site also benefits from immediate access to two major residential subdivisions under construction, Severance Shores (275 residences) and Hunters Crossing (409 residences). The location is within a five-mile radius of five schools with a combined enrollment of 3,156 students. The location experiences high traffic from a large currently existing customer base, with 29,218 residents living within five miles of the property.