Dollar General

Investment Highlights

2017 CONSTRUCTION STORE
• 9,026 SF Build-to-suit Dollar General in LaFayette (Chattanooga MSA), GA.
• This store has upgraded construction and was built in April 2017.

LONG TERM CORPORATE NNN LEASE
• The subject property has 12 years remaining on a 15-year Corporate Guaranteed Lease with Dollar General.
• The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance and common area maintenance.
• There are 10% rent increases in each of the five, 5-year option periods.

INVESTMENT GRADE TENANT
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated.
• There are currently over 15,839 locations in 45 states and 975 new locations expected to be opened this year.
• Dollar General has been in business for 80 years and has a current net worth of over $6 billion.

CHATTANOOGA MSA
• LaFayette, the county seat of Walker County, GA, is located 28 miles south of Chattanooga (within the Chattanooga, TN-GA MSA).
• Chattanooga, the fourth largest city in Tennessee, is known as the Scenic City; its location along the Tennessee River at the foothills of the Appalachian mountains
provides stunning natural beauty and extensive outdoor recreational activities for residents and visitors alike.
• The city’s investment in the first Gig Internet, providing a 100% fiber network linking every home and business in a 600-square-mile area, has enhanced the economy, bringing both start-ups and major corporations to the area, including Amazon.com, Chase headquarters, and the expansion of Volkswagen’s Chattanooga plant.
• Chattanooga is also home to the University of Tennessee with more than 11,500 enrolled, Chattanooga State Community College, with about 11,000 students, Southern Adventist University, Virginia College and Covenant College.