FOR SALE - LoopNet...A brand new NNN Dollar General in Sweet Home, Oregon. 15 year primary lease term with three 5 year options. Parent Company Guaranteed by Dollar General (NYSE:
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A brand new NNN Dollar General in Sweet Home, Oregon. 15 year primary lease term with three 5 year options. Parent Company Guaranteed by Dollar General (NYSE: DG). The store opened December of 2017 and was selected by Dollar General as a key location among the small underserved Oregon communities.
+ Publicly traded on the NYSE: DG
+ Investment Grade Credit: S&P Credit Rating BBB
+ Approximately 13,000 stores in 43 states
+ Neighborhood general store selling brand named products
in the food and beverage, health and beauty aids,
cleaning supplies, apparel, and houseware categories
+ $20.4 billion in sales in fiscal 2016
+ In business for over 75 years
INVESTMENT HIGHLIGHTS
+ Brand New Construction
+ New 15 year NNN lease with zero Landlord Responsibility
+ Corporate guaranteed lease
+ Ideally situated to serve Sweet Home and surrounding communities
+ Located along Highway 20 capturing tourist traffic heading to the Cascade
The asset is located in the city of Sweet Home, Oregon. Limited competition exists for general merchandise goods as this is a small city almost
equidistant from both Eugene and Salem which are the nearest cities with major services. The site is strategically located centrally in town to provide convenient shopping. Additionally, its location
along Hwy 20 expands the trade area for recreational traffic heading towards the Cascade
Mountains for supplies. This site is poised to serve as an effective platform for Dollar General to carry
out its mission of offering lower priced general merchandise at underserved and convenient
locations to the local community for many years to come.