Dollar General

Purchase Price$2,640,000
Annual Rental Income$165,000
Cap Rate6.25%
Lease Term15 Years
CitySpring Hill
Tenant: Dollar General
Sector: Dollar Stores
State: Tennessee

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This investment features a net-lease property occupied by Dollar General Corporation, a publicly traded retailer with a corporate guarantee and an investment-grade credit rating. The absolute triple-net lease places full responsibility for property taxes, insurance, and structural and HVAC maintenance on the tenant—offering genuinely passive, long-term income stability for the investor.

Spring Hill is one of Tennessee’s fastest-growing cities, experiencing over 17% growth since 2020 and surpassing 53,000 residents by mid-2023, with projections nearing 60,000 in 2025. The city’s median household income exceeds $106,000—well above state averages . It boasts a strong local economy supported by the General Motors manufacturing plant, nearby healthcare and retail sectors, and strategic positioning along Saturn Parkway and I‑65. These factors contribute to elevated population density, robust housing demand, and a consumer base with strong purchasing power.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.