DG – Bolton, MS

$1,091,710
Price
$79,149
Noi
7.25%
Cap Rate
9,026
Leasable Area
2016
Year Built

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OFFERING MEMORANDUM

Fortis Net Lease is please to present this 9,026 square foot Dollar General store located
in Bolton, MS. The property is encumbered with a fifteen (15) year absolute NNN lease,
leaving zero landlord responsibility. 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 Bolton, MS. The
five mile population from the site exceeds 2,975 while the five mile average household
income exceeds $74,179 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 7.25% cap
rate based on NOI of $79,149.

• Brand New Absolute NNN Lease
• Zero Landlord Responsibilities
• 15 Year Term / 4 (5 Year) Options
• Five Mile Household Income Over $71,000
• Investment Grade Dollar Store
• DG Reported 28 Consecutive Quarter of Same Store Sales Growth