Dollar General Absolute Net Lease NNN Dollar Store Indiana

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Investment Offering

Tenant: Dollar General | La Porte, IN
Premises: 9,100 SF
Renewal Options: 5 x 5 Years

Lease Expiration: 7/14/2020
Lease Type: Absolute NNN
Rental Increases: 10% at Options

We Are Pleased to Offer the Absolute Net Lease Investment Opportunity Located at 3510 S SR 104 in La Porte, Indiana.

15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Brand New Construction – Opening in Q3 2020
Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG)
Five 5-Year Option Periods With 10% Rental Increases at Each Option
Dollar General Has Been Committed to Servings Others Since the Company’s Inception in 1939
Dollar General Has Hired Over 50,000 New Employees to Help Support Operations Across It’s Organization Amid the Heightened Demand to Meet Customers Essential Needs
Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges; Read More Here
Affluent Demographics Making an Average Household Income of $75,517 Within a 5-Mile Radius
The Michigan City-La Porte, IN MSA is Strategically Situated Within a One-Day’s Drive of Half of the Population of the United States, With 22 Major Markets Located Within 600 Miles of the MSA
Major Employers of La Porte County Consists of: IU Health La Porte Hospital, Blue Chip Casino, Saint Anthony Memorial Health Center, La Porte Community School Corporation, La Porte County Office and Alpha Baking Company

In Cooperation With

Latitude Commercial Realty, Inc. IN Lic. # Rc50900583

2342 Cline Avenue, Schererville, IN 46375

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Tenant Overview

Dollar General Corporation (NASDQ: DG) was founded in 1939 and 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. 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. Dollar General operated 16,368 stores in 45 states as of February 28, 2020 with 16 different distribution centers. For fiscal 2018, Dollar General executed approximately 2,000 real estate projects comprised of 900 new stories, 1,000 store remodels and 100 store relocations. For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.

Area Overview