NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF build-to-suit Dollar General in South Bend, IN. • This store has upgraded construction and is scheduled for delivery late May 2020.
SOUTH BEND • South Bend is the fourth largest city in IN with an estimated population of 101,735 serving as the economic and cultural hub of Northern Indiana. • Home to the University of Notre Dame (12,393 students) in addition to several other colleges and universities. • The following companies have corporate headquarters in South Bend: AM General, Crowe Horwath, Martin’s Super Markets, and Schurz Communications
NEAR NOTRE DAME UNIVERSITY • This Dollar General is well located on US 20 (9,520) VPD approximately 10 miles from Notre Dame University. • The University of Notre Dame is a Catholic university founded in 1842, that covers 1,265 acres with a total student population of 12,393. • University of Notre Dame is ranked #15 in National Universities rankings. • Over 80% of the university’s 8,000+ undergraduates live on campus. • The football team has accumulated eleven national championships, seven Heismen Trophy winners, and 62 members in the College Football Hall of Fame.
LONG TERM CORPORATE ABSOLUTE 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. • There are currently over 16,000 + 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 $6B.
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