Investment Overview
Single Tenant Free Standing Dollar General
Investment Highlights
- High-Quality Quad Cities Net Lease Investment With Strong Corporate Credit and Affluent Demographics – Located in the Quad Cities MSA, The Property Serves a dense, Established Residential Pocket with High Homeownership and Limited Retail Competition, Providing Consistent Demand for Necessity Based Retail
- Corporate Guarantee and Passive Ownership – The Lease Is Backed by Dollar General Corporation (NYSE: DG), Operating Over 19,000 Locations Nationwide, and Structured as an Absolute NNN Lease With Zero Landlord Responsibilities, Providing Truly Passive Cash Flow
- Affluent Trade Area and Essential Retail Demand – The Immediate Area Features Average Household Income Exceeding $90,000 Within a 1-Mile Radius, Supporting Strong Purchasing Power, While Dollar General Operates as a Recession-Resistant, Daily Needs Retailer With Consistent Performance Across Economic Cycles
- Built-In Daily Customer Base – Nearby Manufactured Housing/Trailer Communities + Single - Family Homes Provide Immediate, Walkable/Trade-Area Demand
- Strategic Regional Location – Positioned Near Interstate 280 and Within the Quad Cities Including Rock Island, Moline, Davenport, and Bettendorf, the Property Benefits From Strong Regional Employment Drivers Such as the Rock Island Arsenal and John Deere, Supporting Long-Term Economic Stability and Retail Demand
- Below Replacement Cost Opportunity – The Asset Is Expected to Trade Below Current Construction and Land Costs, Providing Downside Protection and Attractive Entry Pricing in Today’s Elevated Development Environment.