Dollar General | New 15-Year Abs NNN 26 N Route 73

The subject property is a newly constructed freestanding site for Dollar General located in Berlin, NJ (Philadelphia MSA). The new 15-year absolute NNN lease includes rare 5% rental increases every 5-years in the primary lease term and in the (4) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.
This location benefits from its excellent visibility and frontage on North Route 73, a major thoroughfare through Berlin which boasts over 19,800 vehicles per day. The 5-mile population exceeds 59,000 residents with expected growth of 2.14% over the next 5 years. This Dollar General is strategically centered between major east coast cities and just minutes from downtown Berlin, NJ. The site is only 27 miles to downtown Philadelphia, PA, 37 miles to Atlantic City, NJ, 48 miles to Wilmington, DE, and just 97 miles to New York City. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.