NEW CONSTRUCTION: Brand new 2024 built-to-suit construction for Dollar General with over ±14.25 years remaining on the primary term |
ABSOLUTE NNN LEASE: Lease provides zero landlord responsibilities, making this asset perfect for investors looking for a passive stream of cash flow. |
STRONG CORPORATE GUARANTY: Dollar General Corporation boasts an investment grade credit rating of BBB and is a fortune 500 company |
AFFORDABLE RENT PER SQUARE FOOT: Rent is approximately 20% lower compared to the average new construction store delivered over the past 12 months |
BRAND NEW 15-YEAR LEASE: New 15-year lease with five, 5-year options containing 10% rental increases. |
STRONG DEMOGRAPHICS: New Brighton is apart of the Pittsburg, PA MSA; over 175,000 residents living within a ±10-mile radius |