The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant Absolute NNN investment fully leased to Dollar General on a corporate guaranteed lease. With approximately 2.7 years remaining and 3 – 5 year option periods, the subject property provides stable cash flow with zero landlord responsibilities and 10% rental increases every option period. This is a rare opportunity to purchase an investment grade credit tenant in a tax free state, with zero landlord responsibilities.
Dollar General Corp. (NYSE: DG) is a discount retailer that offers consumables, seasonal, home products, and apparel. Dollar General Corp. posts over $40.6 Billion in Revenue, over $30.988 Billion in Total Assets, and an investment grade rating of “BBB” by Standard and Poor’s. There are more than 20,000 locations in 48 states and territories and is headquartered in Goodlettsville, TN. Dollar General has been in operation for over 85 years and is one of the strongest discount retailers in the US. National Credit Tenants - Pride of Ownership.