Description

This Dollar General property presents a secure investment opportunity with a corporate guaranty from Dollar General, an S&P investment grade tenant rated “BBB.” The absolute triple net lease requires zero landlord responsibilities and comes with 7.5 years remaining on the original 15-year primary term, along with five renewal options featuring 10% rent increases at each option. Built in 2018, the store includes a FedEx service point inside, making it the only major private courier provider in the immediate area. Strategically positioned directly in front of Peck Community Elementary School, which serves over 320 students, the property benefits from consistent local traffic. With limited competition—being the only dollar store within a 10-mile radius—and an underserved retail landscape lacking other national retailers or grocery brands, the location enjoys strong community reliance. The surrounding area further strengthens the investment, with an 83.58% homeownership rate within five miles, highlighting a stable and established customer base.