4-Property Arizona Dollar General Portfolio

Highlights

• 10% rent increases at the beginning of each option period.
• ABSOLUTE NNN CORPORATE LEASES
• Absolute NNN lease structure – tenant is 100% responsible for all expenses, including taxes, insurance, CAM, roof, and structure.
• Amado, AZ – “main & main” location off Interstate 19, nearest grocery store over 10 miles away. Remodel planned.
• ATTRACTIVE PRICING & CAP RATES
• Average CAP Rate of 6.80%
• DIVERSE ARIZONA LOCATIONS | GROWTH & DEMAND
• Dollar General is a Fortune 500 company (#106, 2023) with 20,453+ stores as of March 2025.
• Each property is leased to DG Retail, LLC and guaranteed by Dollar General Corporation.
• Fiscal 2024 Net Sales: $40.6 Billion.
• Individual property prices range from $1.42M – $1.82M.
• INVESTMENT GRADE TENANT (S&P: BBB | Moody’s: Baa2)
• Kingman, AZ – centrally positioned between Las Vegas & Phoenix, strong population growth and limited retail options.
• Lease terms range from 7–10+ years remaining, with three (3) five-year renewal options.
• Newer construction (2017–2020) with strong tenant credit.
• Over 185,800 employees nationwide.
• Portfolio Total Consideration: $6,400,748.72.
• Sunsites, AZ – hard corner along Highway 191 with limited retail competition. Recently remodeled.
• The only “dollar store” operator with investment grade credit ratings.
• Total NOI: $426,476.04

Location