NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • Brand new 10,640 SF upgraded construction Dollar General located in Sagle, ID • The store opened in August 2022.
AFFULENT MARKET WITH GROWTH • The 5 Mile Population Growth is 11.67% and the Average Household Income is $84,828 which is superior to most Dollar General Locations.
NEAR SPOKANE, WA • This Dollar General is 65 miles northeast of Spokane, WA off Hwy 95 (16,000 VPD) • Spokane is the county seat of Spokane County and is the 2nd largest city in WA with a population of 208,916. • As the metropolitan center of the Inland Northwest, Spokane serves as a commercial, manufacturing, transportation, medical, shopping, and entertainment hub. • Spokane is home to many higher education institutions including Spokane College (10,375 Students), Gonzaga University (7,421 Students), Whitman University (1,360 Students) and many more. • Home to Spokane International Airport which is the second largest airport in the state serving over 4 million passengers annually.
SANDPOINT, ID • The subject property is only 6 miles south of Sandpoint on Hwy 95 (16,000 VPD) • Sandpoint in the largest city and the county seat of Bonner County. • Major economic contributors in Sandpoint include forest products, light manufacturing, tourism, recreation and government services. • Sandpoint is home to Schweitzer Mountain Resort, Idaho’s largest ski resort that sees over 250,000 skiers per season. • Home to Sandpoint Airport that supports 30,000 aircraft operations 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 1,050 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.