Dollar General

Investment Highlights

2022 UPGRADED CONSTRUCTION DOLLAR GENERAL
• Upgraded construction Dollar General located in Donalsonville, GA.
• This store is open and rent commenced in September 2022.

DONALSONVILLE
• Donalsonville is located in the Southwest corner of GA. Nearby cities include Columbus, Dothan, AL & Tallahassee, FL.
• National Retail in Donalsonville includes Piggly Wiggly, Ace Hardware, Walgreens, and more.
• This Dollar General is directly across the street from Donalsonville Hospital, a 140 bed hospital with over 300 employees.
• In 2021, American Peanut Group invested $85 million into a new 45 Acre processing facility in Donalsonville. The facility has brought over 90 jobs and the company plans to expand the facility an additional 135,00 SF.

NEAR DOTHAN, AL
• The subject property is 30 minutes east of Dothan, AL off Hwy 84 (10,900 VPD).
• Dothan is Alabama’s 8th largest city and is the main transportation and commercial hub for a significant part of southeastern AL, southwest GA, and nearby portions of the FL Panhandle.
• National retail in Dothan includes Publix, Target, Lowe’s Home Improvement, and more.
• Dothan is known as “The Peanut Capital of the World” because approximately one-fourth of the U.S. peanut crop is produced there.
• Major industries in Dothan include agriculture, aviation, fabricated metals, injection molding, machinery, and distribution
• Dothan is home to Fort Rucker, the Army’s Aviation Center of the U.S., and Enterprise Ozark College which offers multiple degrees in aviation disciplines.

14 YEAR CORPORATE NNN LEASE
• There are 14 years remaining on the 15 year corporate guaranteed NNN lease with Dollar General.
• Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure.
• There are 10% rent increases 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 18,200 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