7% Yield on Long Term Absolute Triple (NNN) Net Lease Property
4 x 5 Year Options to Extend with 10% Rent Increases at Each Option
Limited Discount Store Competition
Located Just 45 Minutes Outside of Downtown Cleveland
One Mile from RW Sidley Inc and Truck & Equipment – Northeast Ohio’s Provider of Mack Trucks, Concrete, Masonry and Building Supplies
Nearby Tenants Include: United States Post Office, Thompson Town Hall, Thompson Police and Fire Departments, Stockers on the Park Restaurant and Thompson Feed
In Cooperation with Cooper Commercial Investment Group
BoR: Dan Cooper – Lic # 2009003618
Tenant Overview
Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations.
Dollar General operates 14,321 stores in 44 states as of November 3, 2017. For fiscal 2018, Dollar General plans to execute approximately 2,000 real estate projects comprised of 900 new stories, 1,000 store remodels and 100 store relocations. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.
Dolgencorp, LLC, doing business as Dollar General, operates discount department stores. It retails basic consumer goods. The company was founded in 1973 and is based in Goodlettsville, Tennessee. Dolgencorp, LLC operates as a subsidiary of Dollar General Corporation.