Discount
Dollar General
981 OH-7, Pierpont, OH 44082
Listing Price: $1,326,514
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
3.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$145.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.20
Investment Overview
CORPORATE GUARANTEED TRIPLE-NET LEASED DOLLAR GENERAL WITH 10-YEARS REMAINING
Dollar General
Investment Highlights
- Long-Term Passive Income: 10-years remaining on NNN lease with Dollar General through January 2035—offering a passive 7.00% cap rate with zero landlord responsibilities.
- Corporate Guarantee by Investment-Grade Tenant: Leased to Dollar General Corporation (NYSE: DG), the largest small-box discount retailer in the U.S. with over 20,000 locations and $40.6 billion in 202
- Strong Rent Growth Built In: Features three successive 10% rental increases during option periods—offering built-in income growth through 2050.
- Recent Construction with Minimal Maintenance: Built in 2020, the building is in excellent condition and aligned with Dollar General's current store prototype, reducing near-term capital expenditure risk.
- Rural Market Stability: Strategically located in an underserved, low-competition market where Dollar General stores thrive by capturing consistent necessity-based spending.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director / Chief Revenue Officer
Listing Price: $1,326,514
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
3.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$145.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.20
Investment Highlights
- Long-Term Passive Income: 10-years remaining on NNN lease with Dollar General through January 2035—offering a passive 7.00% cap rate with zero landlord responsibilities.
- Corporate Guarantee by Investment-Grade Tenant: Leased to Dollar General Corporation (NYSE: DG), the largest small-box discount retailer in the U.S. with over 20,000 locations and $40.6 billion in 202
- Strong Rent Growth Built In: Features three successive 10% rental increases during option periods—offering built-in income growth through 2050.
- Recent Construction with Minimal Maintenance: Built in 2020, the building is in excellent condition and aligned with Dollar General's current store prototype, reducing near-term capital expenditure risk.
- Rural Market Stability: Strategically located in an underserved, low-competition market where Dollar General stores thrive by capturing consistent necessity-based spending.
Investment Overview
CORPORATE GUARANTEED TRIPLE-NET LEASED DOLLAR GENERAL WITH 10-YEARS REMAINING
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director / Chief Revenue Officer
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