Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire the fee-simple interest in a single-tenant Dollar General located at 412 US-101, Rockaway Beach, Oregon 97136. The property is leased to Dollar General Corporation, a BBB credit-rated tenant, offering investors secure, long-term income backed by a nationally recognized, necessity-based retailer. The freestanding retail building was constructed in 2018 and is subject to an absolute triple-net (NNN) lease with a corporate guarantee, providing passive ownership with zero landlord responsibilities. The lease commenced on March 26, 2018, and expires on March 31, 2033, offering approximately 7+ years of remaining primary term. The lease features 10 percent rent increases and includes three (3), five-year renewal options, providing strong contractual rent growth and long-term residual value. Dollar General’s business model focuses on value-oriented consumers and essential goods, making it a historically recession-resistant retailer well positioned across economic cycles. This offering represents an opportunity to acquire a modern, credit-tenant net lease asset in a coastal Oregon market with predictable cash flow, built-in rent escalations, and long-term lease security.