Investment Overview

Marcus & Millichap is pleased to present for sale a portfolio of five premium location Dollar General stores located in Florida, South Carolina and Indiana. This offering presents a stable, income-producing investment backed by long-term, absolute triple-net (NNN) leases with Dollar General Corporation, a Fortune 500 company with an investment-grade credit rating (S&P: BBB). The package consists of exceptionally strong real estate sites with very dense demographics located in growing cities within primarily southern markets. The portfolio is priced at $7.9 million with a combined annual net operating income (NOI) of $515,247, offering a blended cap rate of over 6.5 percent+. The properties have firm term leases remaining that average 9.2 years, with four, five year renewal options, each featuring 10 percent rental increases, providing inflation hedge and built-in income growth.