Dollar General Market | Between Cleveland & Toledo

Investment Highlights

2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET
• 10,640 SF new construction Dollar General Market located in Bellevue, OH.
• DG Market is a combo store with fresh produce, milk, meats, and other groceries added to Dollar General’s usual mix of low-price general merchandise.
• This Dollar General is open, and rent commenced in March of 2025.

15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM
• This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.

UNIQUELY POSITIONED BETWEEN CLEVELAND & TOLEDO, OH
• This Dollar General is strategically located between two of Ohio’s major economic centers, Cleveland and Toledo.
• The corridor between these cities is supported by U.S. Route 23 and I-75, facilitating regional connectivity, logistics efficiency, and commuter traffic for manufacturing, retail, and services.
• Cleveland, situated along the southern shore of Lake Erie, has a metro population of over 2 million. The city is home to world-renowned institutions such as the Cleveland Clinic, a top-ranked healthcare system, as well as major employers like KeyBank and Sherwin-Williams.
• Toledo, located along the western tip of Lake Erie, has a metro population of nearly 650,000 and is a hub for automotive manufacturing, glass production, and healthcare. The city is home to the Fortune 500 Owens Corning and a strong medical network, including ProMedica Health System.
• Together, these cities create a powerful economic triangle that supports diverse industries, including advanced manufacturing, healthcare, logistics, education, and financial services, making the area between them a strategic location for business and residential growth.

BELLEVUE, OHIO | SANDUSKY MSA
• Bellevue is a strategic city in northern Ohio, positioned between Toledo and Cleveland, with access to regional transportation corridors.
• Bellevue is home to a major Norfolk Southern rail yard—one of the largest in the country—which plays a vital role in national freight logistics and employs over 1,000 people locally.
• This Dollar General is located near the Autokiniton plant, Mitsubishi plant, Autoplas, and other automotive plants.
• Autokiniton recently expanded its Bellevue Facility, investing over $15 million dedicated to installing a new EV assembly line for Ford F‑150 Lightning truck frames.
• This Dollar General is located in the Sandusky MSA. Sandusky is home to the Cedar Point Amusement Park, known as “America’s Roller Coast”, which has the second largest collection of roller coasters in the world and attracts over 4 million visitors annually.
• Sandusky and the Lake Erie Islands are known in the region as “Vacationland” as they attract over 11 million tourists annually that generate $184.8 Million to the economy every year.
• Fisher-Titus Medical Center, located just outside Bellevue in Norwalk, serves as a key regional healthcare provider, with over 1,200 employees and a full range of medical services.
• Bellevue City School District serves approximately 1,800 students, providing comprehensive K–12 education to the community.
• The city’s economy is further supported by manufacturing, agriculture, and logistics, with several regional employers operating facilities in and around the area.