The Boulder Group is pleased to exclusively market for sale a single tenant, new construction, net leased Dollar General lease property located in Bloomsdale, MO. Bloomsdale is located fifty miles south of St. Louis near Missouri\u2019s eastern border. The 9,026 square foot Dollar General lease is strategically located along the trade area\u2019s primary east-west thoroughfare less than one-quarter mile east of Interstate 55. The Dollar General was constructed in 2016. There are approximately 15 years remaining on the Dollar General lease which expires on April 30, 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 The Boulder Group is pleased to exclusively market for sale a single tenant, new construction, net leased Dollar General lease property located in Bloomsdale, MO. Bloomsdale is located fifty miles south of St. Louis near Missouri\u2019s eastern border. The 9,026 square foot Dollar General lease is strategically located along the trade area\u2019s primary east-west thoroughfare […]<\/p>\n","protected":false},"author":3,"featured_media":210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[127],"class_list":["post-209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-sale","tag-dollar-general-lease"],"yoast_head":"\n\n