Tenant: Dollar General | Millersburg, OH
Premises: 7,172 SF
Renewal Options: 2 x 3 Years
Lease Expiration: 11/30/2022
Lease Type: NN
Rental Increases: None
Sands Investment Group is Pleased To Exclusively Offer For Sale the 7,172 SF Dollar General NN Lease Investment Opportunity Located Directly on S Washington Street in Millersburg, Ohio. This Opportunity Includes a Corporate Guarantee From Dollar General (NYSE:DG): BBB Credit Rating With Approximately 2 Years Remaining on Its Lease. Dollar General Has Been in Place Since 1992 Showing Commitment at This Location and Has Two 3 Year Option Terms That Extend Past Its Original Lease Term, Providing For a Great Investment.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker
Lic. # REC.2020005946 BoR: Scott Reid – Lic. # BRKP.2020001224
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Dollar General Corporation (NYSE: 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. As of February 1, 2021, Dollar General Corporation operated 17,147 stores in 46 states in the United States. For fiscal 2019, Dollar General executed approximately 2,600 real estate projects comprised of 1000 new stores, 1,500 store remodels and 80 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.