DOLLAR GENERAL
Dollar General (NYSE: DG) is the largest (by store count) small box discount retailer in the United States.
Dollar General has a total store count of more than 19,000 with more than 1,000 new store openings in 2023 and 800
New Stores scheduled for 2024 - Indication of Tenant’s Commitment to store efficiency and growth in sales.
Dollar General is one of few Net Lease Retailers within the industry that are combined corporately guaranteed and a healthy credit rating making it a perfect tenant to gain safe leverage. Dollar General is a BBB credit rating by Standard & Poor agency.
Dollar General’s strategy is to be th “Walmart” of small towns or provide hassle-free experience to customers by providing a carefully crafted assortment of the most popular brands to the consumer.
Dollar General is a strong company financially with a 10.6% increase in net sales boasting a total sales of more than $40 Billion (2023) and a same store growth of 4.3%.
LOCAL MARKET
LEADWOOD, MO
Leadwood is a small city with approx 1,200 within the city and it is located in St. Francois County, Missouri. Similar to neighboring towns, it has a historical connection to the lead mining industry that once thrived in the region. Today, Leadwood is a residential community with a modest population. It offers basic amenities such as local shops, schools, and parks, catering to the needs of its residents. While it may be small, Leadwood retains a sense of community and history that adds to its charm.
SAINT JOE STATE PARK
Saint Joe State Park is located in Park Hills, Missouri. It’s known for its diverse outdoor recreational opportunities, including off-road vehicle riding, camping, hiking, and fishing. The park covers over 8,200 acres and features various terrain, from wooded areas to sand flats. It’s a popular destination for outdoor enthusiasts seeking adventure in the heart of nature.
DESLOGE, MO
Desloge is a city located in St. Francois County, Missouri. With a population of more than 5,000 residents, the city has a rich history rooted in the lead mining industry, with the Desloge Lead Company playing a significant role in its development. Today, it’s a vibrant community with a mix of residential areas, commercial establishments, and local attractions. The city offers various amenities and services to residents and visitors alike, including parks, shops, restaurants, and cultural events