NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • Brand new upgraded 9,026 SF build-to-suit Dollar General in Hamlet, IN. • This store is currently under construction and scheduled for delivery in January 2021.
HIGH TRAFFIC LOCATION • Located directly off US Hwy 30 (14,735 VPD) that connects East and West Indiana. Subject is also 2 miles from the intersection of US Hwy 30 and US Hwy 35 that sees 6,173 VPD. • Nearest competing dollar store is over 10 miles away. • Surrounded by numerous local and regional retailers.
NEAR SOUTH BEND, IN • Store is strategically located approximately 30 minutes South of South Bend, Indiana. • South Bend is the fourth largest city in Indiana with an estimated population of 101,735 serving as the economic and cultural hub of Northern Indiana. • Home to the University of Notre Dame (12,393 students) in addition to several other colleges and universities. • The following companies have corporate headquarters in South Bend: AM General, Crowe Horwath, Martin’s Super Markets, and Schurz Communications.
NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, including taxes, insurance, roof and structure. • 10% rent increase 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 16,500 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.