, , Texas

Sale Information

Asking Price: $30,557,000

Cap Rate: 6.50%

Property Overview

Stan Johnson Company is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of twenty-one (21) retail properties leased to Dollar General, located in eight (8) states.

For fiscal year 2014 (ended January 30, 2015), Dollar General Corporation reported total revenue of $18.9 Billion, net income of more than $1 Billion and net worth of approximately $5.7 Billion. The company has an S&P BBB-/Stable rating.

This is a unique opportunity to acquire a large portfolio of properties leased to an investment grade tenant and market leader in its segment.

Uses: Discount

Property Details

Key Points: Portfolio Opportunity – Ability to acquire a large portfolio of Dollar General Properties in a single transaction Absolute Triple-Net (NNN) Structured Leases – No management responsibility required of landlord; Tenant is responsible for all expenses including roof, structure, taxes, insurance, and common area maintenance. Long Term Leases Backed by an Excellent Credit Tenant – Guaranteed lease terms have an average of 14 years remaining with three (3), five (5) year renewal options and 10% increases in each option Corporate Guarantee – The leases are guaranteed by Dollar General Corporation, an S&P BBB-/Stable rated corporation Geographic Diversification – Diverse portfolio of 21 locations across eight states

Broker Information

Stan Johnson
Melissa McKenzie-Stickels

3344 Peachtree Road NE
Atlanta, Georgia 30326
United States