NEW CONSTRUCTION 10,640 SF DOLLAR GENERAL • Brand new 10,640 SF Dollar General located in Saginaw, MI • This store opened in February 2022.
WELL LOCATED NEAR TWO INTERSTATES (85,109 VPD) • The subject property is 2.5 miles from Interstate 75 (60,238 VPD) and 4 miles from Interstate 675 (24,871 VPD). • The main retail corridor in Saginaw is only 5 miles from this Dollar General. National retailers include Hobby Lobby, Target, Meijer, the Home Depot, and many more. • This Dollar General is strategically located in a dense residential pocket with 89,803 people in a 5-mile radius.
SAGINAW • The Saginaw MSA has a population of 196,542 and is the county seat of Saginaw County • Home to multiple Colleges and Universities including Delta College (13,775 Students) , Saginaw Valley State University (9,766 Students) and more. • Saginaw’s economy is supported by innovation, clean energy, and continued manufacturing exports.
NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • 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 with an S&P investment grade credit rating of BBB. • Currently over 18,000 locations and expanding by 1,050 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.