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 yaers 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.
Major MSA Location: With a population of 2.1 million, Kansas City is the 29th largest MSA in the US. Four of the area's alrgest cities are Kansas City, MO (482,000); Overland Park, KS (174,907); Olathe, KS (121,962); Kansas City, KS (143,209); and, Independence, MO (121,180).
Convenient Interstate Location: The property is direclty off of and approximately 0.25 miles from I-35.
