Investment Grade Tenant (S&P: BBB) with 21,000+ Locations
– Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
– The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.
– Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.
7+ Years Remaining on an Original 15-Year Lease
– The subject property has over 7 years remaining on an original 15-year corporate guaranteed NNN lease with 10% rent increases every 5 years in the options.
– Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
– This is a true NNN lease with no landlord responsibilities or expenses.
10-Miles from Central Michigan University (14,000+ Students Enrolled)
– Local enrollment growth provides a dense customer demographic of budget-conscious college students living near the Dollar General
– CMU’s strict two-year housing mandate pushes thousands of upperclassmen annually into adjacent private housing neighborhoods where Dollar General serves as a highly convenient grocery and household goods resource.
– The expansion of localized nursing and health sciences programs introduces a stable, permanent population segment that relies heavily on quick-trip brick-and-mortar retail locations.
