DOLLAR GENERAL **NNN** 1515 BANKHEAD HWY CARROLLTON GA 30116
Corporate Guaranteed Dollar General | Absolute NNN | 3.037 Acres
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PROPERTY OVERVIEW
Rare opportunity to acquire a corporately guaranteed Dollar General investment featuring a NNN lease, investment-grade tenant credit, scheduled rent increases, and a passive ownership structure. Situated on a 3.037-acre site within a growing trade area, the property offers stable cash flow and long-term appreciation potential.
• 100% leased to Dollar General, an investment-grade retailer with a BBB credit rating
• Corporate-guaranteed lease backed by Dollar General Corporation
• Triple Net (NNN) lease providing a passive, management-free investment
• 5-year lease term with strong long-term income stability
• Five (5) additional 5-year renewal options
• 10% rental increases at each renewal option, providing built-in income growth
• Strategically positioned on a 3.037-acre site (132,292 SF)
• Affluent trade area with average household income of $102,104 within a 1-mile radius
• Strong consumer base supported by a population of 45,281 residents within a 5-mile radius
• Market benefits from continued residential growth and expanding population trends
• Essential-needs retailer with a recession-resistant business model
• Ideal passive investment featuring investment-grade credit, contractual rent growth, and minimal landlord responsibilities
Investment highlights
Investor Highlights
• Investment Grade Credit Tenant 100% leased to Dollar General Corporation, an investment-grade tenant with a BBB credit rating and Standard & Poor's.
• Corporate Guaranteed Lease – Lease obligations are backed by Dollar General Corporation, one of the nation’s largest and most established discount retailers.
• Triple Net Lease – True passive investment with no landlord responsibilities. Tenant is responsible for taxes, insurance, maintenance, and repairs.
• Strong Remaining Lease Term – Approximately six (6) years remaining on the primary lease term, providing stable and predictable cash flow.
• Built-In Rental Growth – Four (4) five-year renewal options featuring 10% rental increases at each option period, creating long-term income growth potential.
• 100% Occupied Single-Tenant Asset – Fully leased to Dollar General, providing uninterrupted income from a nationally recognized retailer.
• Limited Competitive Retail Presence – The store benefits from limited grocery and discount retail competition within its trade area, supporting continued customer demand and store performance.
• Recession-Resistant Business Model – Dollar General’s focus on value-oriented everyday necessities has historically performed well across varying economic conditions.
• Passive, Long-Term Investment Opportunity – Combination of investment-grade credit, corporate guarantee, absolute NNN lease structure, and contractual rent escalations offers a stable, management-free investment.
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