2022 FULL BRICK CONSTRUCTION DOLLAR GENERAL • New 9,002 SF upgraded construction Dollar General located in Columbus, OH. • This store is full brick construction with a corner entry. • The store delivered in October 2022.
5 MILE POPULATION: 275,854 WITH 11.40% GROWTH • The subject property is located 3 miles from downtown Columbus in a dense residential pocket with 275,854 people in a 5 mile radius and 11.40% Growth. • Located at the signalized hard corner on Lockbourne Rd (8,456 VPD) only 2 miles from Interstate 70 (103,413 VPD) • This Dollar General is directly across the street from a CVS. Other nearby national retail includes Kroger, Chase Bank, AutoZone, McDonalds and more.
COLUMBUS • Columbus is the state capital and the most populous city in in the state of OH with a metropolitan area of over 2 million. • The city has a diverse economy based on education, government, insurance, banking, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology. • As of 2022, the Greater Columbus area is home to the headquarters of six corporations in the U.S. Fortune 500: Cardinal Health, American Electric Power, L Brands, Nationwide, Alliance Data, and Huntington Bancshares. • Columbus is the home of two public colleges: Ohio State University (53,189 Students), one of the largest college campuses in the United States, and Columbus State Community College (27,109 Students). • Home to John Columbus International Airport that supports nearly 6 million passengers per year. • According to the Federal Reserve Bank of St Louis, the GDP of Columbus in 2020 was $137 billion
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, parking lot, roof and structure. • There are 10% rent increases in each of the Four, 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 18,600 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion