DG – Henando, MS

$1,385,000
Price
$92,753
Noi
6.7%
Cap Rate
9,026
Leasable Area
2018
Year Built

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OFFERING MEMORANDUM

Fortis Net Lease is pleased to present this 9,026 SF Dollar General store located in
Arcadia, WI. The property is encumbered with a fifteen (15) year absolute NNN lease,
leaving zero landlord responsibilities. The lease contains 5 (5) year options to renew,
each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar
General Corporation which holds a credit rating of “BBB”, which is classified as
Investment Grade.
This Dollar General is highly visible as it is strategically positioned in Hernando, MS. The
five mile population from the site exceeds 4,500 while the five mile average household
income exceeds $66,000 per year, making this location ideal for a Dollar General. The
subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive”
investor to attain the fee simple ownership of a Dollar General. This investment will
offer a new owner continued success due to the financial strength and the proven
profitability of the tenant, the nation’s top dollar store. List price reflects a 6.70% cap
rate based on NOI of $92,753.

• Brand New Absolute NNN Lease
• Zero Landlord Responsibilities
• 15 Year Term with 5 (5 Year) Options
• Five Mile Household Income Over $66,000
• All Brick Building
• Investment Grade Dollar Store
• DG Reported 28 Consecutive Quarter of Same Store Sales Growth