Dollar General Corporation, which is publically traded on the NYSE under symbol “DG” currently having a market cap in excess of $16 Billion. Net sales for 2013 were in excess of $17.5 Billion. DG currently operates in excess of 11,000 stores in approx. (40) states with over 70+ years in the business. Dollar General is the largest retailer in the US and carries top quality products made by America’s most trusted manufacturers such as Proctor & Gamble, Kimberly Clark, Kellogg’s, General Mills, Nabisco, PepsiCo, and Coca- Cola. These offers include basic household items such as cleaning supplies, health and beauty aids, apparel and food. The lease is a firm (15) year base term with (3) 5-year options. Base rent is $9,081 monthly years 1 – 15, with a 10% increase each of (3) 5-year option periods. This is a NNN lease with DG maintaining the property fully, including real estate tax and insurance expense. - Parking description: Concrete - Area description: Baton Rouge, Louisiana is Louisiana’s Capital City with a population in E. Baton Rouge Parish of approx. 430,000, America’s 70th largest MSA. A diverse economy including inland port, industrial and chemical industries, State Gov’t, and (4) University’s and College’s all help to make Baton Rouge’s unemployment rate well below national averages. The site is approximately .91 acres. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Single Tenant
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Mid City North
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