2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET
• 10,640 SF upgraded construction Dollar General Market located in Chillicothe, OH.
• DG Market is a combo store with fresh produce, milk, meats, and other groceries added to Dollar General’s usual mix of low-price general merchandise.
• This Dollar General is currently under construction and rent is scheduled to commence in July 2025.
15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM
• This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B
NEAR COLUMBUS, OH | LARGEST CITY IN OHIO
• Columbus is the state capital and the most populous city in the state of Ohio with a metropolitan area of over 2 million.
• The city has a diverse economy based on education, government, insurance, banking, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology.
• As of 2025, the Greater Columbus area is home to the headquarters of six corporations in the U.S. Fortune 500: Cardinal Health, American Electric Power, Bath & Body Works, Nationwide, Bread Financial, and Huntington Bancshares.
• Columbus is the home of two public colleges: Ohio State University (53,189 Students), one of the largest college campuses in the United States, and Columbus State Community College (27,109 Students).
• Home to John Columbus International Airport that supports nearly 6 million passengers per year.
• According to the Federal Reserve Bank of St Louis, the GDP of Columbus in 2023 was $148 billion.
CHILLICOTHE, OHIO | HOME TO ADENA HEALTH SYSTEMS (2,700 EMPLOYEES)
• Chillicothe is the principal city of the Chillicothe Micropolitan Statistical Area, located approximately 45 miles south of Columbus, OH.
• Chillicothe is home to the Veterans Affairs Medical Center, a major federal healthcare facility that provides services to veterans and contributes significantly to the local economy with over 1,500 employees.
• The Chillicothe City School District serves approximately 3,900 students.
• Adena Health System is the largest employer in Chillicothe, offering comprehensive healthcare services across the region with more than 2,700 employees.
• Kenworth Truck Company operates one of its largest manufacturing plants in Chillicothe, producing Class 8 trucks and employing approximately 2,500 workers.