
Dollar General | Absolute NNN | 10,400 SF
Premium Brick Exterior | Minimal Competition -- Nearest Dollar Store 10+ Miles Away
Investment highlights
Lease & Location:
2019 build-to-suit premium brick exterior for Dollar General with ± 9 years remaining on an initial 15-year absolute NNN lease.
Minimal competition — the nearest national dollar-store competitor is more than 10 miles away, supporting Dollar General’s stronghold in the local market.
Prime location along HWY 37, the primary commercial corridor and main thoroughfare through Garrison, North Dakota.
Just ½ mile from the area’s only 24/7 hospital, providing consistent daily traffic and strong community reliance.
Tenant:
Dollar General carries an investment-grade credit rating of BBB (S&P).
With approximately 20,600 locations nationwide, the company continues to pursue aggressive expansion.
Recognized as an essential retailer, Dollar General remained highly profitable throughout the COVID-19 pandemic and continues to demonstrate strong performance.
The company maintains a market capitalization of roughly $20 billion.
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