Dollar General

Dollar General

4747 East Oak Knoll Road
Rolling Prairie (La Porte MSA), IN

Price: $1,439,000
Cap: 6.60%
NOI: $94,973
Building Size: 9,100 SF
Lot Size: 1.21 AC

Investment Highlights

NEW UPGRADED CONSTRUCTION STORE
• Brand New 9,100 SF build-to-suit Dollar General in Rolling Prairie, IN.
• This store has upgraded construction and is scheduled for delivery early in December 2019.

NEAR INTERSTATE 90
• Strategically positioned on Hwy 20 (13,463 VPD) and less than 5 minutes from Interstate 90 (2,356 VPD).
• Hwy 20 is the main throughfare connecting South Bend and Michigan City.
• The 5-mile average household income is $81,548 which is superior to most Dollar General locations.

LAPORTE MSA
• This Dollar General is well located approximately 7 miles North East of LaPorte and is part of the LaPorte MSA.
• La Porte serves as a hub for travelers commuting to NW Indiana, Michigan, and NW and is located 70 miles from downtown Chicago, 18 miles from South Bend and 16 miles from Michigan City.
• Nearby national retailers include Kroger, Goodwill, Walmart, Walgreens and more.

LONG TERM CORPORATE NNN LEASE
• Brand new 15-year corporate guaranteed lease with Dollar General.
• Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure.
• 10% rent increase in each of the five, 5-year option periods.

INVESTMENT GRADE TENANT
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated.
• Currently over 15,836 locations in 45 states and 975 new locations expected to be opened this year.
• Dollar General has been in business for 80 years and has a current net worth of over $6 billion.

Don McMinn
OFFERING MEMORANDUM

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