Dollar General

Dollar General is a 9,100 square foot single-tenant absolute NNN leased Dollar General asset located in the growing submarket of Kaufman, Texas. The Property is corporately leased to Dollar General (Dolgencorp of Texas, Inc) and is corporately guaranteed for the entirety of the lease term. Dollar General has a primary lease term through August 2028 with three, 5-year renewal options with 10% increases in each option. The Property sits on a large 1.04-acre parcel with multiple ingress/egress points of access, a highly visible two-sided pylon sign and parallel positioning to Mulberry Street (TX-243). Dollar General is a publicly traded company that has over 19,000 store locations, 18 traditional distribution centers and 10 Dollar General fresh facilities across 47 states. The Company has over 170,000 employees across the United States and in 2022, Dollar General reported net sales of $37.8 billion and was ranked #108 on the Fortune 500 list. Dollar General corporate credit rate is “Baa2” by Moody’s, which is investment grade.