Dollar General
Dollar General | Passive NNN Lease | 6.50% CAP
Marketing description
Northmarq National Net Lease and Sale Leaseback Group, on behalf of ownership as its exclusive advisor, is pleased to present the opportunity to acquire the fee simple ownership interest in the brand new Dollar General property located at 7735 Caney Bay Road in Nahunta, GA (“Property”). The Property comprises a 10,640 square foot building on 0.56 acres of land. The Property is projected to finish construction in February 2026 and features upgraded brick and hardie plank construction, offering higher quality than the traditional metal exterior model.
Investment highlights
INVESTMENT GRADE CORPORATE GUARANTY (S&P: BBB/STABLE)
The Lease is corporately guaranteed by Dollar General Corporation which carries an investment grade credit rating of BBB/Stable by S&P Global Ratings. For FYE 1/2025, Dollar General reported total sales of $40.6 billion and net income of $1.1 billion.
LONG-TERM LEASE WITH NEW RENTAL ESCALATIONS
The Property is offered with a brand new 15-year lease, providing income security through February 2041. The Lease provides 5% rental increases every five years including in each option, incentivizing renewal and hedging inflationary risk.
BRAND NEW BUILD-TO-SUIT CONSTRUCTION
The Property is a build-to-suit Dollar General location, with construction estimated to be complete in February 2026. This presents a unique investment opportunity, as investors will be able to capitalize on the full lease term.
PASSIVE NNN LEASE
The Lease provides an entirely passive investment opportunity with 100% of operating expenses and maintenance items as Tenant’s responsibility.
STRATEGIC RURAL MARKET LOCATION
The subject property is located in Nahunta, Georgia, where Dollar General serves as a primary daily-needs retailer for the surrounding rural trade area. With limited national retail competition nearby, the store benefits from its role as an essential service provider to a dispersed customer base that prioritizes convenience. Positioned along a regional connector route, the property.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
