ATTRACTIVE LEASE FUNDAMENTALS
- Absolute NNN lease providing zero landlord responsibilities
- 5% rental increases in year 6 & 11 and in option periods, providing a strong inflation hedge
STRONG CORPORATE GUARANTY
- Dollar General was ranked #91 on the Fortune 500 2021 list
- Over 19K locations in 46 states
- 75% of Americans live within 5 minutes of a Dollar General
NEW CONSTRUCTION
- Delivered to Dollar General’s current prototype
- Demolition of obsolete structures and site work improvements
- Dollar General Warranties will transfer to new owner
LOCATED IN A DENSE RETAIL NODE
- Located within a 1-mile radius of the site is more than 453K SF of retail space
- Nearby national retailers include: Walmart Neighborhood Market, Walmart Supercenter, Lowe’s Home Improvement, and more
FORT BRAGG AND OTHER LARGE EMPLOYERS NEARBY
- Fort Bragg is the largest US Army installation by population (43,400 active duty, 11,000 DoD civilians, 5,400 Contractors) with an annual economic impact of $8.8B in the region
- The Fort Bragg Campus spans over 251 square miles over four counties
- Flagship Cape Fear Valley Medical Center (7,000 employees)
RECENT INVESTMENT IN FAYETTEVILLE, NC
- American Titanium Metal LLC is investing $870 Million dollars into a new facility to make aerospace-grade titanium
- This plant will add more than 815 jobs to the greater Fayetteville area and have a huge economic impact