Dollar General Absolute Triple Net Lease NNN Dollar Store California

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Investment Offering

Tenant: Dollar General | Yreka, CA
Premises: 9,100 SF
Renewal Options: 3 x 5 Years

Lease Expiration: Est. 1/30/2036
Lease Type: Absolute NNN
Rental Increases: 10% at Options

Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute Triple Net Lease NNN Investment Opportunity Located at 100 East Blake Street in Yreka, California. This Opportunity Includes a High-Quality Tenant With a Long-Term Absolute Triple Net Lease (NNN) and Zero Landlord Responsibilities, Providing For a Secure Investment.

New Construction 9,100 SF Build-to-Suit Dollar General Located in Yreka, CA
Brand New 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Location is Currently Under Construction and Scheduled For Delivery in Mid-December 2020 and Rent Commences in January 2021
10% Rental Increases in Each of the Four, 5 Year Option Periods
Corporate Guaranteed NNN With Dollar General
Dollar General is a Publicly Traded (NYSE: DG) Fortune 500 Company With an S&P Investment Grade Credit Rating of BBB
Dollar General Has Been in Business For 80 Years and Has a Current Net Worth of Over $6.2 Billion
Currently Over 16,720 Locations and Expanding By 1,000 Stores Each Year
Yreka is Located in Siskiyou County Which is the Northernmost Part of the State of California
How Dollar General is Bucking the Retail Trend, Read More Here
Neighboring Tenants Include: Grocery Outlet, Yreka Community Theatre, Yreka Union High School District, J&D Family Diner, Bundle 4 Less Antiques, Super 8 By Wyndham, Mountain View Inn Yreka, Holiday Inn Express Yreka-Shasta Area, Casa Ramos Mexican, Speedway Express and Many More

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Tenant Overview

Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 80 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 operates over 16,720 stores in 46 states as of July 31, 2020. Fiscal year 2019 net sales increased 8.3% to $27.8 billion, compared to $25.6 billion in fiscal year 2018. This net sales increase included positive sales contributions from new stores and growth in same-store sales, modestly offset by the impact of store closures. Same-store sales increased 3.9% compared to fiscal year 2018, driven by increases in both average transaction amount and customer traffic. The Company reported net income of $1.7 billion for fiscal year 2019 compared to $1.6 billion for fiscal year 2018.

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