Dollar General Market | Lafayette MSA

Investment Highlights

15 YR NNN “NEXT GEN” DG LEASE WITH 5% BUMPS IN INITIAL LEASE & OPTIONS
• This property features Dollar General’s “next gen” Lease with 5% rent increases every 5 years in the new 15-year corporate guaranteed NNN lease with Dollar General.
• Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

NEW CONSTRUCTION DG MARKET
• 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 store is scheduled to deliver in August 2024

LAFAYETTE MSA | HOME TO PURDUE UNIVERSITY (52,211 STUDENTS)
• Delphi is located 20 minutes northeast of downtown Lafayette and is a part of the MSA.
• Lafayette is located about an hour north of Indianapolis and is the county seat of Tippecanoe County.
• Lafayette is the larger principal city of the Lafayette-Frankfort CSA, a Combined Statistical Area that includes the Lafayette metropolitan area and the Frankfort micropolitan area which have combined population of 212,408.
• Purdue University is located in West Lafayette and has 52,211 Students & 2,945 academic staff members.
• Companies located in Lafayette include Wabash National (world’s largest manufacturer of semi-truck trailers), Subaru of Indiana Automotive (the only non-Japanese producer of Subaru vehicles) and more.

POSITIONED ON HIGHWAY 421 ON A HARD CORNER (11,111 VPD)
• The Dollar General is strategically positioned on a hard corner on Highway 421 (11,111 VPD)
• Highway 25 (10,367 VPD) is only 5 miles from this Dollar General and connects Delphi to Lafayette, IN.

INVESTMENT GRADE TENANT (S&P: BBB)
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 20,000 locations and plans to open 800 stores in 2024.
• Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion