NEW BUILD TO SUIT DOLLAR GENERAL • The subject property is a 10,640 SF Dollar General located in Roseburg, OR. • This store opened in May 2022 and sits on 2.02 AC of land.
ROSEBURG, OR • Roseburg is in the Umpqua River Valley in southern Oregon and is the county seat and most populous city of Douglas County. • Roseburg is the hub of retail, government activity and medical services for Central Douglas County. • Education in Roseburg is provided by Umpqua Community College (16,000 Students), Roseburg High School (1,576 Students), and more. • Mercy Medical Center, a 178 bed hospital, is located in Roseburg and is the 2nd largest employer in the city with over 1,000 employees. • National retail in Roseburg includes Lowe’s Home Improvement, Home Depot, Costco, Marshalls and many more. • Roseburg Regional Airport supports over 31,750 aircraft operations 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 18,200 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.