BENA Capital is pleased to announce the Premier Fund’s second acquisition of a single tenant retail site tenanted with Dollar General located in Republic, MO.

Dollar General is one of the most sought after tenants for retail sites such as this. It is publicly traded (NYSE: DG), is a growing business, and provides a corporate guarantee to its lease. Three-quarters of U.S. residents now live within five miles of a Dollar General store. DG also shows strength in weak economic environments, providing downside risk protection during recessions.

This property met our stringent acquisition criteria – possessing both high cap rate and favorable NNN lease terms – to ensure we can balance the fund’s return goals while mitigating portfolio risk. The property’s prime location on US HWY 60 – next to a community college and across the street from a bustling office park - contributes to the Dollar General’s solid, built-in customer base, with over 17,000 vehicles per day. It is located in the growing city of Republic, MO, right outside the thriving Springfield, MO metro area. Springfield's economy and population are both growing rapidly — which is key to the success of long-term prospects. The area's big education and healthcare sectors mean that the local economy is more stable than elsewhere.

We are very excited about the prospects of this property due to its desirable proximity to demand generators and the robust growth in the immediate vicinity.

The BENA Capital Premier Fund was formed in November 2020 to acquire investment real estate properties to deliver cash flow and asset appreciation. The fund had a solid Q4 2023, delivering a 7.2% annualized return on capital deployed into real estate.