LOW RENT & PRICE POINT RELOCATION DOLLAR GENERAL
• This Dollar General is a relocation and expansion of a previous Dollar General in this market showing their
commitment and confidence to this location.
• The subject property has a low rent of $96,364 ($9/SF) that equates to a low price point of $1.1 million.
TOP PERFORMING LOCATION | TOP 5% IN THE COUNTRY
• The subject Dollar General supports 214.5K customers annually and ranks in the top 5% of all Dollar Generals in Ohio
and in the country. (Placer.ai)
CINCINNATI MSA | 3RD LARGEST CITY IN OHIO
• The subject property is located 36 miles southeast of downtown Cincinnati and is a part of the MSA.
• The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of
2,256,884, it is Ohio’s largest metropolitan area and the nation’s 30th-largest.
• Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the fifth largest in the
Midwest
• Cincinnati is home to three major sports teams: the Cincinnati Reds of Major League Baseball; the Cincinnati Bengals
of the National Football League; and FC Cincinnati of Major League Soccer.
• The city’s largest institution of higher education, the University of Cincinnati is now ranked as one of the 50 largest in
the United States with nearly 50,000 students.
GEORGETOWN, OH | COUNTY SEAT OF BROWN COUNTY
• Georgetown is the county seat of Brown County and benefits from government jobs and funding.
• National retailers located in Georgetown include Tractor Supply, Taco Bell, McDonalds, CVS, AutoZone, and more.
CORPORATE NNN LEASE GUARANTEED BY AN INVESTMENT GRADE TENANT (S&P:BBB)
• Dollar General signed a 15 year corporate guaranteed NNN lease in 2015. There are 5.75 years remaining on the
primary lease term.
• Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure.
• There are 10% rent increases in each of the three, 5-year option periods.
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of
BBB.
• Currently over 20,000 locations and plans to open 800 stores in 2024.
• Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.