Investment Grade National Tenant: Dollar General Corporation (NYSE: DG) has over 11,000 locations and a market cap over $19 billion. DG has an investment grade credit rating of BBB-.
New Long-Term Lease: Approximately 15 years of primary lease term remaining and four (4) five (5) year renewal options with a 10% rent increase at each option.
Absolute NNN Lease: Tenant is responsible for taxes, insurance, roof, structure, and common area maintenance.
Strategic Location: The property is located in the Branson Micropolitant Statistical Area (population 84,000) and clsoe to Springfield, MO (population 420,000). Branson and Springfield draw millions of tourists each year.
Ideal Demographics: The average household income within a 5-mile radius is approximately $52,000. There are almost 10,000 households within a 5-mile radius.
