Press Releases
Marcus & Millichap Exclusively Lists 14-Property Dollar General Portfolio Across Seven States
March 30, 2026
MIAMI, March 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing for sale of a 14-property Dollar General portfolio spanning New York, Pennsylvania, Illinois, Iowa, Missouri, Minnesota and Kentucky. The offering price is $19,453,062.
“The low-rent nature of these NNN leases provides a low-cost basis and strong long-term residual value,” said Scott Sandelin, Senior Managing Director Investments. “Essential retail properties are a prudent investment, and Dollar General’s stock performance reflects that,” Andrew Rodriguez added.
Sandelin, along with Rodriguez of Marcus & Millichap, are representing the seller.
Each asset is a newer-construction Dollar General store leased on an absolute triple-net basis with a corporate guarantee. The portfolio has just under 11 years of remaining lease term with renewal options. The portfolio may be purchased as a whole or in four sub-portfolios. Dollar General operates more than 20,900 stores nationwide and reported $40.61 billion in revenue in fiscal 2025.
The properties are located in Hemlock and Lansing, New York; Josephine, Hopewell and Kittanning, Pennsylvania; Rankin, Illinois; Northwood and Belle Plaine, Iowa; Webb City and Harrisonville, Missouri; Litchfield, Minnesota; and Topmost, Breeding and Manchester, Kentucky.
“The low-rent nature of these NNN leases provides a low-cost basis and strong long-term residual value,” said Scott Sandelin, Senior Managing Director Investments. “Essential retail properties are a prudent investment, and Dollar General’s stock performance reflects that,” Andrew Rodriguez added.
Sandelin, along with Rodriguez of Marcus & Millichap, are representing the seller.
Each asset is a newer-construction Dollar General store leased on an absolute triple-net basis with a corporate guarantee. The portfolio has just under 11 years of remaining lease term with renewal options. The portfolio may be purchased as a whole or in four sub-portfolios. Dollar General operates more than 20,900 stores nationwide and reported $40.61 billion in revenue in fiscal 2025.
The properties are located in Hemlock and Lansing, New York; Josephine, Hopewell and Kittanning, Pennsylvania; Rankin, Illinois; Northwood and Belle Plaine, Iowa; Webb City and Harrisonville, Missouri; Litchfield, Minnesota; and Topmost, Breeding and Manchester, Kentucky.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
