Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a corporately guaranteed Dollar General located at 3223 Highway 12 North in Ashland City, Tennessee. The ±9,088-square-foot store was built in 2016 and is backed by a long-term lease with DOLGENCORP, LLC, a wholly owned subsidiary of Dollar General Corporation (NYSE: DG). The lease is an absolute NNN structure with zero landlord responsibilities and approximately 6 years of term remaining, expiring June 30, 2031. The tenant has three (3) additional five-year renewal options in place. The property sits on a large ±5.62-acre parcel at a highly visible location along Highway 12, the primary retail corridor in Ashland City, and just 23 miles northwest of downtown Nashville. It is surrounded by strong national and regional tenants including Walmart Supercenter, Dollar Tree, Tractor Supply Co., and several QSR chains. The surrounding trade area continues to see growth due to its proximity to Nashville and regional employment anchors. Dollar General operates over 20,000 stores nationwide with 2024 revenue exceeding $40 billion. The company continues to expand aggressively across the U.S., focusing on rural and underserved markets. With its long-term passive lease structure, strong corporate credit, and prime location within the greater Nashville MSA, this asset offers investors reliable income and durable value.