5096 Highway 23
Saint Paul, AR 72760

The offering provides an opportunity to acquire an Absolute NNN Dollar General in St Paul, AR. The 15-year lease term features a Corporate Guaranty, and includes five 5-year options, with rental increases at the start of each option period. This investment grade asset features no landlord maintenance or expense obligations. The property benefits from being the only dollar store in town. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 16,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.