INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, Absolute NNN leased Dollar General located in Wildwood, NJ. This exceptional investment has 7 years remaining on an initial 15-year term along with 10% increases in each option period, with three 5-year options remaining.

Dollar General operates a network of over 20,600 stores across 48 U.S. states and Mexico. With $40.6B in net sales in fiscal 2024, a BBB credit rating from S&P and a Baa3 rating from Moody’s, Dollar General is considered an investment grade tenant.

Strategically located in Wildwood, NJ three miles from the beach and in close proximity to other national retailers (Wawa, McDonalds, Starbucks, Dollar Tree, CVS, Walgreens, etc.), the property benefits from superior visibility, signage and access with traffic counts exceeding 10,000 vehicles per day on New Jersey Avenue. The property is located three blocks from the beach and experiences population swells greater than 250,000 during the summer months.

With its strong real estate fundamentals, absolute triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

• 7 Years Remaining on a 15-Year Absolute NNN Lease | Corporate Guaranteed Lease
  • Dollar General has 7 years remaining on their Absolute NNN Lease and has three (3) 5-year extension options
  • The lease is corporate signed from Dollar General, a Fortune 500 Tenant with Strong Growth and Industry Recognition (NYSE: DG, BBB (S&P), Baa3 (Moody’s), $32.2B Market Cap)
  • The lease includes 10% rent increases at each option
• Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Tenant pays for Taxes, Insurance, CAM, and maintains all aspects of the building including roof, structure, and parking lot
  • Zero Landlord Responsibilities
  • Ideal Management Free Asset for a Passive Investor
• Prime Location in Wildwood, NJ | Central to the Wildwood Boardwalk, Beach, and surrounding Restaurants and Bars
  • Located on New Jersey Avenue (10k VPD) and Adjacent to I-47 W Rio Grande Ave (20k VPD) and 1 mile from the Garden State Pkwy (27k VPD)
  • Located three blocks from the beach and is in close proximity to major Jersey Shore Hotels, Bars, and Restaurants with Historical Pedigree and Adjacent to Other Major Retailers (Wawa, McDonalds, Starbucks, Dollar Tree, CVS, Walgreens, etc.)
  • The Entire Surrounding Area is densely populated and highly trafficked in Summer Months, as City Residents Flock to the Beach for work and Leisure
• Strong Area Demographics | Expected High Growth Area
  • Strong Area Demographics: >22,000 Year-Round Residents within a 5-mile radius, that swells to over 250,000 seasonally and a >13% increase in local population since 2020.
  • Median Incomes within a 1-mile Radius exceed $75k and $90k within 5-miles