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Dollar General - Glennville

4680 GA-196, Glennville, GA 30427

Listing Price: $1,196,000

Tenant Name
Dollar General
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
9,372
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.57

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a corporately guaranteed Dollar General located at 4680 GA-196 in Glennville, Georgia. This ±9,372-square-foot building was constructed in 2018 and is leased to Dolgencorp, LLC under an absolute NNN lease with zero landlord responsibilities. The lease has approximately eight (8) years remaining, expiring April 30, 2033, and includes five (5) additional five-year renewal options with 10% rent increases in each option.

The site is positioned along GA-196, a major east-west artery that connects Glennville to Hinesville and Fort Stewart—home to the largest U.S. Army installation east of the Mississippi. The ±2.5-acre parcel offers high visibility and accessibility and is surrounded by complementary retailers such as Parker’s Kitchen, Flash Foods, and other essential service businesses.

Dollar General continues to benefit from shifting consumer behavior as shoppers across income brackets increasingly prioritize value. Same-store sales grew 2.4% in Q1 2025, driven by gains in every category, and the brand continues to expand rapidly, with over 20,000 stores nationwide and $40.6 billion in 2024 revenue. Priced at $1,196,000 with a 7.50% cap rate and $89,700 in annual rent, this offering delivers long-term, passive income secured by a resilient, top-tier tenant in a strategically located rural market.

Investment Highlights

  • Absolute NNN Lease With Zero Landlord Responsibilities | Leased to Dolgencorp, LLC – a Subsidiary of Dollar General (NYSE: DG); 8 Years Remain on the Primary Term
  • Built in 2018 on a ±2.50-Acre Parcel With Ample Site Control | ±9,372 SF Freestanding Building With Modern Construction and Ample Parking
  • Prime Location Along GA-196 Near Fort Stewart Army Base | Strong Traffic Flow and Visibility in a Key Regional Corridor for Residential and Military Commerce
  • Strong Demographics in Expanding Rural Market | 5-Mile Population: 6,168 | 10-Mile: 14,644 | Avg. HH Income: $78K+ | Projected Growth Through 2029
  • Backed by a Top National Retailer With 20K+ Stores | $40.6B in 2024 Revenue | 2.4% Same-Store Sales Growth in Q1 2025 | Increasing Visits From Higher-Income Shoppers
  • Priced at a 7.50% Cap Rate With Reliable Income Stream | $89,700 Annual Rent With 10% Increases in Options; Five (5) Five-Year Renewal Options in Place

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Discount

Dollar General - Glennville

Listing Price: $1,196,000

Tenant Name
Dollar General
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
9,372
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.57

Investment Highlights

  • Absolute NNN Lease With Zero Landlord Responsibilities | Leased to Dolgencorp, LLC – a Subsidiary of Dollar General (NYSE: DG); 8 Years Remain on the Primary Term
  • Built in 2018 on a ±2.50-Acre Parcel With Ample Site Control | ±9,372 SF Freestanding Building With Modern Construction and Ample Parking
  • Prime Location Along GA-196 Near Fort Stewart Army Base | Strong Traffic Flow and Visibility in a Key Regional Corridor for Residential and Military Commerce
  • Strong Demographics in Expanding Rural Market | 5-Mile Population: 6,168 | 10-Mile: 14,644 | Avg. HH Income: $78K+ | Projected Growth Through 2029
  • Backed by a Top National Retailer With 20K+ Stores | $40.6B in 2024 Revenue | 2.4% Same-Store Sales Growth in Q1 2025 | Increasing Visits From Higher-Income Shoppers
  • Priced at a 7.50% Cap Rate With Reliable Income Stream | $89,700 Annual Rent With 10% Increases in Options; Five (5) Five-Year Renewal Options in Place

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a corporately guaranteed Dollar General located at 4680 GA-196 in Glennville, Georgia. This ±9,372-square-foot building was constructed in 2018 and is leased to Dolgencorp, LLC under an absolute NNN lease with zero landlord responsibilities. The lease has approximately eight (8) years remaining, expiring April 30, 2033, and includes five (5) additional five-year renewal options with 10% rent increases in each option. The site is positioned along GA-196, a major east-west artery that connects Glennville to Hinesville and Fort Stewart—home to the largest U.S. Army installation east of the Mississippi. The ±2.5-acre parcel offers high visibility and accessibility and is surrounded by complementary retailers such as Parker’s Kitchen, Flash Foods, and other essential service businesses. Dollar General continues to benefit from shifting consumer behavior as shoppers across income brackets increasingly prioritize value. Same-store sales grew 2.4% in Q1 2025, driven by gains in every category, and the brand continues to expand rapidly, with over 20,000 stores nationwide and $40.6 billion in 2024 revenue. Priced at $1,196,000 with a 7.50% cap rate and $89,700 in annual rent, this offering delivers long-term, passive income secured by a resilient, top-tier tenant in a strategically located rural market.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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