Dollar General
Cortland, OH | Dollar General | Absolute NNN
Marketing description
Part of a 3-Unit Portfolio: https://www.crexi.com/properties/2355352/ohio-3-unit-dollar-general-portfolio
Available together or Individually
Investment highlights
Property Highlights
Investment Grade Tenant: This lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), a publicly traded corporation that has an excellent credit rating of BBB from Standard & Poor’s.
Long Term NNN Lease: This Dollar General has a NNN lease with ~8 years remaining on the base term, ensuring zero responsibilities for the landlord. Perfect for investors looking for passive ownership.
2018 Build-to-Suit: The Dollar General was developed in 2018, offering investors the advantage of newer construction 9,100 SF store model.
Large Market Cap: With a market capitalization exceeding $30 billion, Dollar General demonstrates substantial corporate scale and financial depth, supporting its long-term lease obligations. The company’s size, profitability, and access to capital enhance credit durability and reduce tenant risk over the remaining lease term.
Extensive National Footprint: Dollar General operates over ~21,000 stores across 48 states, providing unmatched reach in rural and suburban markets and a strong competitive advantage through scale and customer penetration.
Recession-Resilient Discount Retailer: Dollar General’s value-oriented model benefits from consumer trade-down behavior during economic slowdowns. Historically strong performance in inflationary and recessionary environments reinforces the long-term stability of the tenant and lease income.
Location Highlights
Primary Corridor Positioning: The property is located along State Route 46, one of Cortland’s primary commercial corridors serving the greater Youngstown-Warren- Boardman MSA (600,000+ population). The corridor is lined with national and regional retailers and benefits from strong surrounding residential density, schools, and daily-needs service businesses that help drive consistent local traffic
Established Convenience Retail Node: The property is occupied by Dollar General and features integrated service-based retail uses such as package pickup and shipping services, supporting frequent consumer visits and reinforcing the site’s role as a neighborhood shopping destination.
Excellent Visibility & Accessibility: Located along State Route 46, the property benefits from strong frontage, prominent signage opportunities, and convenient ingress/egress. The corridor experiences steady commuter and local traffic volumes, providing retailers with sustained exposure and customer accessibility.
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