Dollar General 7070 Line st

Fortis Net Lease is pleased to present this 9,090 SF Dollar General store located in Shuqualak, MS. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease has remaining 4 (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. The store has been open & operating successfully since October 2018. This Dollar General is highly visible as it is strategically positioned along MS-39 which sees 1,589 vehicles per day. The ten mile population from the site is 4,706 while the ten mile average household income $46,600 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 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.