The Boulder Group is pleased to exclusively market for sale a single tenant, new construction, net leased Dollar General leased properties located in Correctionville, IA. Correctionville is part of the Sioux City Metropolitan Statistical Area. The 9,026 square foot Dollar General leased properties is strategically located at the intersection of Highway 31 and US Highway 20. Highway 31 is the primary north-south thoroughfare in the trade area while US Highway 20 is the primary east-west thoroughfare. The Dollar General was constructed in 2016. There are approximately 15 years remaining on the Dollar General lease which expires on March 31, 2031. The lease features 10% rental escalations in each of the five 5-year renewal option periods. This absolute triple net lease features no landlord responsibilities.<\/p>\n
Dollar General is an investment grade rated company with a Standard & Poor\u2019s rating of BBB. On October 15, 2015, Standard & Poor\u2019s upgraded Dollar General from BBB- to BBB. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization in excess of $23 billion. As of March 23, 2016, Dollar General operated 12,483 stores located in 43 states.<\/p>\n
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INVESTMENT HIGHLIGHTS<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The Boulder Group is pleased to exclusively market for sale a single tenant, new construction, net leased Dollar General leased properties located in Correctionville, IA. Correctionville is part of the Sioux City Metropolitan Statistical Area. The 9,026 square foot Dollar General leased properties is strategically located at the intersection of Highway 31 and US Highway […]<\/p>\n","protected":false},"author":3,"featured_media":179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[122],"class_list":["post-176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-sale","tag-dollar-general-leased-properties"],"yoast_head":"\n\n