626 W Crawford St
Clay Center, KS 67432

The offering provides a rare opportunity to acquire an absolute NNN Dollar General Plus. The tenant’s commitment to this market is evidenced by this new construction, large format relocation store which reflects the importance of the Clay City market to Dollar General. The 15-year lease features a Corporate Guaranty, rare rental increase in year 11 of the base term and includes four 5-year options, with rental increases at the start of each option period. This new construction build-to-suit asset has zero landlord maintenance or expense obligations. The city of Clay Center is the heart Clay County serving a larger region than most, with the nearest Dollar General located over a 20-minute drive from Clay Center. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of$1.6 billion. Dollar General currently operates over 15,000 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.