DOLLAR GENERAL (NYSE: DG) | STRONG FINANCIAL COMPANY | MORE THAN 19,000 STORES ACROSS THE UNITED STATES
Dollar General has a total store count of 19,000+ stores operating across the US and has commitments to open more “new construction” stores as the company makes efficiency changes with increase of Distribution Centers and the Dollar General “Market” concept.
Corporate Guarantee | Dollar General (NYSE: DG) are publicly traded companies that have strong financial fundamentals that demonstrate a recession proof business model for being the “Walmart” to small towns in America.
Same Store Sales of the company has grown 4.3%+ year over year with a 10.6% increase in net sales which demonstrates the Tenant’s commitment to store opening.
Dollar General will have continued profitability and efficiency throughout it’s system with increase in distribution centers, reducing freight container cost, and increases in product per ticket.
TENANT COMMITMENT TO LOCATION | ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT | LIMITED LANDLORD RESPONSIBILITIES
Lease Extension demonstrates Tenant’s commitment to the location.
Limited Landlord Responsibilities – Landlord to Pay Maintenance and Property Tax.
18+ Year Operating History which demonstrates Tenant’s Commitment to the location.
Lease is has been recently extended which is another indicator of Tenant’s Commitment to the location.
The Lease Features Attractive Rental Every 5 Years which is outside the normal fixed rental Dollar General Corporate Lease.
Net Lease that provides as a hedge against inflation.
LOCAL MARKET REAL ESTATE ANSWERS CORPORATE SITE CRITERIA | DEMONSTRATES TENANT’S PROFITABILITY AT REGIONAL OR SMALL TOWN LOCATION | LOCATION CLASSIFIED AS WALMART OF SMALL TOWNS
Traffic counts of (3,000+ VPD Intersection) per day along State Route 51.
Regional or Small Town Demographics allow tenant market share control | Tamaroa, IL too regional and small town for large credit/box tenant such as Walmart which allow Dollar General local market penetration considered as “The Walmart of Small Towns”.
Local Elementary Schools & Employers allow for consistent day time and evening traffic which is another reason for Tenant’s Commitment to the location.
CORPORATE GUARANTEE | INCREASING SALES & PROFIT YEAR OVER YEAR | LEASE EXTENSION DEMONSTRATING TENANT’S COMMITMENT
Lease is guaranteed by the corporate entity Dollar General (NYSE: DG) | Publicly traded backed lease allows for financial transparency along with enhanced credit for better lending options.
Strong Financials with year over year sales and profitability increases (***Ask Broker for Details).
Recent Lease Extension demonstrates Corporates commitment to the unit and location will continue to add value to the company’s profitability.