The Boulder Group is selling a single tenant net leased Dollar General

1. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Dollar General Plus
1333 East Main Street
Rock Hill, SC 29730 (Charlotte MSA)

2. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Aerial
5) Site Plan
6) Maps
7) Tenant Profile
8) Demographic Comparison Report
9) Location Overview
10) Contact Information
TABLE OF CONTENTS
TABLE OF CONTENTS

3. NET LEASED INVESTMENT OFFERING
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The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person
or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide
summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the
subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The
Boulder Group has not made any investigation, and makes no warranty or representation. The information contained
in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group
has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any
investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the
information set forth herein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIMER

4. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar General Plus property located
within the Charlotte MSA. The 12,480 square foot building is a relocation of a previously successful traditional-sized Dollar
General store. Due to the success of the previous location, Dollar General elected to build one of their larger format Dollar
General Plus stores. Dollar General Plus are larger than traditional Dollar General stores and have more coolers/freezers
to keep more perishable items in stock. The Dollar General Plus lease has over 13 years remaining and features a rental
escalation in year eleven and 10% rental escalations in each renewal option. Dollar General is an investment grade rated
tenant (S&P: BBB-).
The 3.84 acre Dollar General Plus parcel is located along Main Street approximately one mile from access to Interstate
77. Main Street is a primary thoroughfare that experiences traffic counts in excess of 23,000 vehicles per day. The Dollar
General Plus is located approximately 25 miles south of downtown Charlotte. The property is benefitted from its location
adjacent to a Bi-Lo anchored development and across the street from a Food Lion. There are over 80,000 people living
within a five mile radius of the property earning average household incomes of approximately $55,000.
Dollar General Plus has over 13 years remaining on their absolute net lease that expires in October 2027. The lease
features a rental escalation in the eleventh lease year and 10% rental escalations in each of the six 5-year renewal
options. Dollar General is an investment grade company (S&P: BBB-) and is publicly traded (NYSE: DG) with a market
capitalization in excess of $17 billion.
INVESTMENT HIGHLIGHTS
• Located within the Charlotte MSA
• Relocation of a previously successful inline store
• Long term lease with over 13 years remaining
• Investment grade tenant (S&P: BBB-)
• Rental escalation in the 11th lease year and 10% rental escalations in each renewal option
• Recent construction
• No landlord responsibilities
• Located along a primary thoroughfare approximately one mile from
access to Interstate 77
• Strong retail corridor adjacent to a Bi-Lo grocery anchored
development and across the street from a Food Lion grocery store
• Above average demographics for a Dollar General location with over
115,000 people living within a seven mile radius earning average
household incomes in excess of $61,000
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY

5. NET LEASED INVESTMENT OFFERING
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PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $3,162,451
Current Cap Rate: 6.20%
Rent Schedule: NOI Escalation Date
$196,073
$201,955 11/1/2022
$222,150 11/1/2027 (Option 1)
$244,365 11/1/2032 (Option 2)
$268,801 11/1/2037 (Option 3)
$295,682 11/1/2042 (Option 4)
$325,250 11/1/2047 (Option 5)
$357,775 11/1/2052 (Option 6)
Renewal Options: Six 5-Year
Lease Commencement Date: November 1, 2012
Lease Expiration Date: October 31, 2027
Tenant: Dollar General Plus
Credit: Investment Grade (S&P: BBB-)
Year Built: 2012
Lease Type: NNN
Building Size: 12,480 SF
Land Size: 3.84 acres

6. NET LEASED INVESTMENT OFFERING
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AERIAL
AERIAL
N
BELLEVUE ELEMENTARY
SCHOOL
23,000 VPD
1 MILE
77
MAIN STREET

7. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
SITE PLAN
SITE PLAN
E MAIN STREET
N

8. NET LEASED INVESTMENT OFFERING
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MAPS
MAPS

9. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
DollarGeneralCorporationoperatesasadiscountretailerofgeneralmerchandiseinthesouthern,southwestern,
midwestern, and eastern United States. As of March 2012, Dollar General operated approximately 10,000
stores throughout 40 states. Dollar General offers consumables, home cleaning supplies, packaged food and
perishables, beverages and snacks, over-the-counter medicines, personal care products and pet supplies and
pet food products. It also provides seasonal products, prepaid cell phones and accessories, automotive supplies
and apparel products. In 2013, Dollar General planned 635 new stores and remodel or relocate an additional
550 stores.
Dollar General is an investment grade rated tenant with a Standard & Poor’s Rating of BBB-. Dollar General is
publicly traded on the New York Stock Exchange (DG) with a market capitalization in excess of $17 billion.
Website: www.dollargeneral.com
Number of Locations: 10,000+
Stock Symbol: DG: NYSE
Standard & Poor’s Rating: BBB-
Market Capatilization: $17 billion
Employees: 90,000
TENANT PROFILE
TENANT PROFILE

10. NET LEASED INVESTMENT OFFERING
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DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPORT
Population 3-mi 5-mi 7-mi
Total Population 35,867 80,479 115,201
Total Households 13,712 31,882 44,759
Income
Median Household Income $29,887 $39,038 $45,268
Average Household Income $44,016 $54,916 $61,876

11. NET LEASED INVESTMENT OFFERING
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Rock Hill is located in the north-central area of South Carolina approximately 20 miles south
of Charlotte, NC along the Interstate 77 corridor. Rock Hill is a growing community of 67,000
residents, and the city encompasses over 36 square miles. Rock Hill is the largest city in
York County, SC and the only major South Carolina city in the Charlotte MSA. Rock Hill is the
fifth-largest city in South Carolina.
www.cityofrockhill.com
Charlotte is the largest city in North Carolina and the seat of Mecklenburg County. In 2013, the
estimated population of Charlotte was 792,862, making it the 16th largest city in the United
States. The Charlotte metropolitan area is the 23 largest in the U.S. and had a 2013 population
of 2,335,358. Charlotte has become a major U.S. financial center and is now the second largest
banking center in the United States (after New York). It is the headquarters to Bank of America,
the nation’s second largest financial institution. Charlotte has eight Fortune 500 companies in
its metropolitan area, listed in order of their rank: Bank of America, Lowe’s, Nucor (steel producer), Duke Energy,
Sonic Automotive, Family Dollar, SPX Corporation (industrial technology), and Domtar.
www.charmeck.org
LOCATION OVERVIEW
LOCATION OVERVIEW

12. NET LEASED INVESTMENT OFFERING
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CONTACT INFORMATION
CONTACT INFORMATION
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
randy@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com