This offering features a newly constructed Dollar General Market in Snow Hill, Maryland, secured by a 15-year absolute NNN lease with a corporate guarantee from Dollar General (NYSE: DG). Rent commencement is scheduled for May 2025, providing investors with a long-term, stable income stream backed by an investment-grade tenant. The lease includes five additional five-year renewal options with 10% rent increases at each option, ensuring built-in growth and long-term value.
The property is strategically located along Church Street, a direct route into Downtown Snow Hill, and benefits from excellent visibility and accessibility. Snow Hill serves as the county seat of Worcester County and is a growing community with limited grocery competition—only one other grocery store exists in the trade area. The site is adjacent to residential neighborhoods and near local schools, creating a strong customer base.
Dollar General is the largest discount retailer in the U.S., operating over 18,700 stores nationwide, and maintains a Baa2 credit rating. This investment offers a rare opportunity to acquire a brand-new, corporately guaranteed asset in a supply-constrained market with strong fundamentals and minimal landlord responsibilities.