Listed by Marcus & Millichap - Orange County
$2,337,200
New Upgraded Construction Dollar General | Madison, GA
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,100
Cap Rate 6.40%
NOI $149,580
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Five, five-year options
Price per SqFt $257
Year Built 2026
Acreage 2.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/12/2026
Ground Lease No
Excellent Traffic | Upgraded Construction
Marketing description
A new-construction Dollar General in Madison, Georgia, supported by a 15-year lease, scheduled 5% rent increases, and visibility along Eatonton Road / U.S. Highway 441, with traffic counts of 11,800 vehicles per day.
Investment highlights
- Brand-new 2026 Dollar General construction.
- 15-year corporate-backed absolute-net lease with 5% increases every five years.
- Located along Eatonton Road / U.S. Highway 441 near Madison's commercial corridor.
- Absolute NNN lease with no landlord responsibilities.
- True NNN lease — tenant covers taxes, insurance, roof, structure, and parking.
- Corporate guarantee from Dollar General (NYSE: DG, $42.7B FY25 sales).
- 15-year primary term with 5% bumps every 5 years plus four 5-year options.
- Fully passive — ideal for 1031 buyers, trusts, and out-of-state investors.
- Largest U.S. discount retailer by store count, reaching 75%+ of Americans within five miles.
- Need-based mix — food, household, health & beauty — drives traffic across cycles.
- 20,959 stores nationally (Feb. 2026), one of America's most ubiquitous formats.
- FY25 same-store sales grew 3.0% amid broader retail softness.
- U.S. Hwy 441 connects Madison to I-20, channeling regional traffic through the area.
- National tenants and employers in healthcare, education, and logistics anchor demand.
- County-seat designation makes Madison the retail hub for Morgan County's rural draw.
- Continued residential growth deepens the household customer base.
Listing Contacts
Listed by Marcus & Millichap - Orange County
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$149,580.00
$12,465.00/mo
Valuation Metrics
0
DSCR
6.4%
Cap Rate
6.4%
ROI
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