Fortis Net Lease

• Brand New Absolute NNN Lease
• Zero Landlord Responsibilities
• 15 Year Term | Four (5 Year) Options
• One Mile Household Income $51,000
• Five Mile Population Exceeds 13,000
• 7.41% Growth Expected in Five Miles
• 7,200 Cars Per Day

Fortis Net Lease is pleased to present this 9,100 SF Dollar General store located in Babson Park, FL. The property is encumbered with a Fifteen (15) Year Absolute NNN
Lease, leaving zero landlord responsibilities. The lease contains Four (5) Yr. Options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed
by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The rent is scheduled to commence in 5/2018.
This Dollar General will be highly visible as it is strategically positioned in Babson Park, FL. The five mile population from the site exceeds 13,000 while the one mile
median household income exceeds $51,000 per year, making this location perfect for a Dollar General. The Subject offering represents an ideal opportunity for a 1031
exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the
financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 5.90% cap rate based on NOI of $113,916.