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INVESTMENT HIGHLIGHTS
LEASE TERM: The new construction Dollar General was completed in 2023 and consists of a 12,480 square foot stand-alone building on a 1.96-acre parcel of land. Dollar General has 14+ years of term remaining on a corporate guaranteed Triple Net lease followed by three, 5-Year renewal options.
ATTTRACTIVE RENT INCREASES: The lease features attractive 10% rent increases at the start of each of the renewal option periods providing the investor with an attractive increase in revenue and a hedge against inflation.
STRATEGIC RETAIL LOCATION: The Property benefits from its location along NE Main Avenue (US Highway 2), the primary commercial and commuter corridor traversing Wilbur. The Property also offers convenient access to WA Routes 21 and 174. With extremely limited commercial shopping options in and around Wilbur, Dollar General is able to service the town which is not currently served by a big box department store or grocery store. The closest grocery store is more than 20 miles away in Grand Coulee, WA. Wilbur is located 65 miles west of Spokane, WA.
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