Dollar General NNN Property For Sale
This investment offers a newly constructed Dollar General store, a publicly listed company known for its strong market presence and recession-resistant business model. The property features strong exposure and full ingress/egress along high-traffic retail routes. Dollar General stores are an appealing choice for investors due to their lower price points, consistent sales performance, and strategic development plans in growing markets. The company is actively expanding, with numerous new stores, remodels, and relocations planned annually, offering a steady supply of investment opportunities. These properties are often favored by investors seeking stable, low-maintenance assets and are particularly well-suited for 1031 exchanges due to their straightforward transaction process. The average…
- Asking price $1.50M
- 5.75% cap rate
- NOI $86,250
- 15 years remaining
- NNN lease
- Year built: 2021
- Building size: 9,100 SF
- Lot size: 1.00 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: Retail