Dollar General

Investment Highlights

5 MILE POPULATION 169,419
• The 5 Mile Population is 169,419 and the 5-mile average household income in $75,976, which is superior to most Dollar General Locations

LOCATED IN LA FITNESS SHOPPING CENTER WITH 56,917 VPD
• The subject property is 8,320 SF and is attached to a 45,000 SF LA Fitness in Indianapolis, IN.
• The center has three entry points and is positioned at the signalized intersection of Hwy 36 & N Mitthoefer Rd with a combined traffic count of 56,917.
• This property is only 3 miles off Interstate 465 which sees 165,490 VPD.
• The center has multiple outparcels including 2 strip centers with Aspen Dental, Smoothie King, and Jimmy Johns.
• Nearby national retailers include Kroger, Discount Tire, Goodwill, Kohls and more.

INDIANAPOLIS | CAPITAL OF INDIANA
• Indianapolis is the capital and most populous city in Indiana and is the county seat of Marion County.
• Three Fortune 500 companies are based in the city: health insurance company Elevance Health; pharmaceutical company Eli Lilly and Company;and agricultural chemical company Corteva.
• The city has a well-developed interstate network and accessibility to a large portion of the nation in one day making the region a burgeoning logistics and distribution hub.
• Indianapolis’ costs are far below national averages, attracting businesses and residents to the area.
• Home to multiple professional sports teams including the NFL’s Indianapolis Colts and the NBA’s Indiana Pacers.

5 YEAR CORPORATE NN LEASE
• Dollar General exercised a 5-year lease extension early and has over 5 Years remaining on a Corporate Guaranteed NN Lease.
• Tenant is responsible for taxes and fully reimburses for taxes and common area expenses.
• There are limited Landlord responsibilities which only include Roof & 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 19,000 locations and expanding by 1,000 stores each year.
• Dollar General has been in business for 84 years and has a current net worth of over $54.4 billion.