Investment Grade Tenant: This lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), a blue-chip, publicly traded entity. Dollar General maintains an investment-grade BBB credit rating from Standard & Poor’s, offering investors superior risk-adjusted security.
Prime Highway Location: Located along U.S. Route 341 (Golden Isles Parkway) with ±10,700 vehicles per day on E Parker St., providing strong visibility and access.
Substantial Market Capitalization: With a market cap exceeding $30 billion, Dollar General represents a robust retail powerhouse. Its financial scale allows for consistent earnings power and a proven ability to thrive in underserved markets, offering more stability and less volatility than its smaller-cap competitors.
Extensive National Footprint: Dollar General’s dominant presence—comprising ~21,000 stores across 48 states—provides a significant competitive moat. Their strategic penetration into rural and suburban markets ensures long-term operational viability and unmatched supply chain efficiency.
Contractual Rent Growth: The lease features a hedge against inflation with a 10% rental increase in each of the two (2) option periods. This structure ensures consistent growth in Net Operating Income (NOI) and protects the investor’s yield over the long term.
Extended Lease Term Potential: Beyond the initial firm term, the tenant has two (2) successive 5-year option periods. These options provide a clear roadmap for long-term tenancy, offering the landlord extended passive income and a potential 10-year extension beyond the base lease.
Top Brand Location Ranking: Top 64th percentile brand location ranking for all national Dollar General stores in the nation (Alphamaps).
Strong Customer Traffic: Averages 8,612 visits a month (Alphamaps).