Dollar General – NNN Acquisition

Midwest, US


Funding Purpose

Tauro Capital Advisors was engaged on an exclusive basis to place a loan for the acquisition of a Dollar General.

Property Description

This asset is a fully leased and stabilized NNN retail property located less than half a mile from a major intersection and shopping center with large retail stores.


The Sponsor is an experienced real estate investor with a diverse portfolio of retail, office, and land assets including 4 Dollar Generals. The Sponsor is purchasing the property using 1031-exchange proceeds from the sale of an older Dollar General location.


  • Up against 1031-Exchange deadline.
  • Small town with no zoning report available.
  • Rising interest rate environment.


  • Secured prior to 1031-exchange deadline.
  • Able to push title to accept zoning map and listed uses as alternative.
  • Rate locked at time of signed term sheet.


  • Loan to Value: 60%
  • Interest Rate: 3.58%
  • Amortization: 30 years
  • Term: 10 years
  • Prepayment: No prepayment

Associate Director  | Capital Advisor


Managing Director  | Capital Advisor