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Dollar General | Perry, FL
1618 Golf Course Rd, Perry, FL 32348
Listing Price: $2,009,111
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a brand-new, 15-year absolute NNN lease with Dollar General Corporation (NYSE: DG) in Perry, Florida. This turnkey investment offers long-term passive income backed by an investment-grade tenant (S&P 'BBB', Moody's 'Baa3'), with built-in rent growth every five years and zero landlord responsibilities.
The 9,100 SF prototype store is delivering October 25, 2026, on a 3-acre site in Taylor County's seat. The property benefits from a stable trade area anchored by Doctors Memorial Hospital (~280 employees), Tallahassee Memorial Healthcare (~202 employees), and local government employment, driving a low ~2.4% unemployment rate and consistent daytime traffic. Dollar General's consumables-driven business model (82% of sales) remains resilient through economic cycles and largely insulated from e-commerce disruption, making this an ideal 1031 exchange or core net-lease investment.
Dollar General | Perry, FL
Investment Highlights
- New 15-year absolute NNN lease with corporate guaranty from Dollar General Corporation(NYSE: DG) — delivering long-term, passive income.
- 5% rental increases every five years throughout the primary term and across five, five-year renewal options — providing 40 years of embedded income growth potential.
- Brand-new 9,100 SF prototype delivering October 25, 2026 — 1031-friendly turnkey asset with zero landlord responsibilities.
- Doctors Memorial Hospital (~280 employees), Tallahassee Memorial Healthcare (~202), and County of Taylor government drive a stable daytime population and low ~2.4% unemployment.
- S&P 'BBB' and Moody's 'Baa3' rated — both investment grade — backed by ~$42.7B in FY2025 revenue and 20,893 stores across the U.S. and Mexico.
- 82% of Dollar General sales are consumables — a discount-retail category that has historically outperformed through economic cycles and remains e-commerce-resistant.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
Listing Price: $2,009,111
Investment Highlights
- New 15-year absolute NNN lease with corporate guaranty from Dollar General Corporation(NYSE: DG) — delivering long-term, passive income.
- 5% rental increases every five years throughout the primary term and across five, five-year renewal options — providing 40 years of embedded income growth potential.
- Brand-new 9,100 SF prototype delivering October 25, 2026 — 1031-friendly turnkey asset with zero landlord responsibilities.
- Doctors Memorial Hospital (~280 employees), Tallahassee Memorial Healthcare (~202), and County of Taylor government drive a stable daytime population and low ~2.4% unemployment.
- S&P 'BBB' and Moody's 'Baa3' rated — both investment grade — backed by ~$42.7B in FY2025 revenue and 20,893 stores across the U.S. and Mexico.
- 82% of Dollar General sales are consumables — a discount-retail category that has historically outperformed through economic cycles and remains e-commerce-resistant.
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a brand-new, 15-year absolute NNN lease with Dollar General Corporation (NYSE: DG) in Perry, Florida. This turnkey investment offers long-term passive income backed by an investment-grade tenant (S&P 'BBB', Moody's 'Baa3'), with built-in rent growth every five years and zero landlord responsibilities. The 9,100 SF prototype store is delivering October 25, 2026, on a 3-acre site in Taylor County's seat. The property benefits from a stable trade area anchored by Doctors Memorial Hospital (~280 employees), Tallahassee Memorial Healthcare (~202 employees), and local government employment, driving a low ~2.4% unemployment rate and consistent daytime traffic. Dollar General's consumables-driven business model (82% of sales) remains resilient through economic cycles and largely insulated from e-commerce disruption, making this an ideal 1031 exchange or core net-lease investment.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
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