NEW UPGRADED BUILD TO SUIT DOLLAR GENERAL • Brand new Build to Suit Dollar General located in Nyssa, OR • This store has upgraded construction and is opening in December 2021.
NEAR BOISE, ID • The subject property is located 25 miles NW of “Treasure Valley” which consists of the 3 largest cities in ID: Boise, Nampa, and Meridian. • Boise is the largest city in Idaho and has a combined MSA population of 749,202. • Home to multiple universities including Boise State University (24,103 students) and University of Idaho (10,791 students) • Boise is headquarters for several major companies including Boise Cascade LLC, Albertsons, Simplot Company and many more. • Boise airport is the busiest airport in Idaho with over 2 million passengers per year.
OREGON • Oregon is one of only five states that have no state sales tax. • Oregon is the ninth largest and 27th most populous U.S. state • Nike, Inc. is headquartered in Beaverton, OR which is the state’s largest public corporation with an annual revenue of $30.6 billion. • Oregon’s economy is powered by agriculture, fishing, hydroelectric power and OR is also the top timber producer in the U.S. • Oregon’s natural marvels attract over 29 million tourists per year.
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 three, 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 17,000 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.