Dollar General

Dollar General Net Lease Investment Opportunity

Inverness, FL MSA
11-Year Absolute Net Lease

This Dollar General listing offers a solid net lease investment in the Inverness market, providing fee simple ownership and an 11-year absolute net lease backed by a strong corporate guarantee. The property is positioned in a high-visibility retail corridor with steady traffic, delivering investors a stable, passive income stream from one of the largest discount retailers in the nation.

Location and Market Overview
Inverness serves as the commercial hub of Citrus County, Florida, with a population nearing 45,000 residents. The area benefits from a stable, mature population, a growing retiree community, and strong ties to local healthcare, government, and service sectors. Inverness maintains a slower growth profile than larger metro areas, providing a steady and predictable retail environment.

The property enjoys excellent access to State Road 44 and U.S. Route 41, two major thoroughfares with daily traffic counts exceeding 18,000 vehicles. This location affords excellent exposure and accessibility for the local population and surrounding Citrus County communities.

Demographics
The demographics supporting this Dollar General location are well-aligned with the tenant’s core customer base. Within a three-mile radius, the population exceeds 30,000 with average household incomes near $58,000. Extending to five miles, the population expands to over 55,000 residents, maintaining consistent income levels. This demographic profile is conducive to stable, recurring customer traffic for discount retailers like Dollar General.

Property Details
The property includes a modern, freestanding 9,100-square-foot Dollar General store constructed to the tenant’s current prototype design standards. Located on approximately 1.1 acres, the site offers ample parking and convenient customer access. The efficient store layout supports optimal merchandising and operational efficiency.

Ownership is fee simple, providing investors with full rights to the land and improvements. This enhances asset control and long-term stability by avoiding ground leases and related risks.

Lease Structure and Tenant Guarantee
The property is leased under an 11-year absolute net lease with Dollar General Corporation, placing responsibility for property taxes, insurance, and maintenance on the tenant. This structure ensures minimal landlord involvement and a highly passive investment experience.

Dollar General’s corporate guarantee, coupled with its strong financial position and extensive national footprint, mitigates credit risk and makes this asset attractive to a broad range of investors.

Surrounding Area and Trade Drivers
Citrus County’s economy is anchored by healthcare, government services, and retirement living. The property’s location within Inverness provides a retail hub for residents and nearby rural communities that depend on value-oriented stores. Steady population trends and demographic stability support ongoing demand for Dollar General’s product offerings.

The site is surrounded by residential neighborhoods, schools, and essential service providers, all of which contribute to consistent daily traffic and sales.

Investment Highlights

• 11-year absolute net lease with Dollar General Corporation, reducing landlord responsibilities.
• Corporate guarantee from one of the largest and most stable discount retailers in the U.S.
• Fee simple ownership of a 1.1-acre parcel hosting a 9,100-square-foot store built to prototype specifications.
• Excellent retail location with daily traffic counts exceeding 18,000 vehicles.
• Stable demographics with more than 30,000 residents within three miles and average household incomes near $58,000.
• Predictable, passive income supported by strong tenant credit and lease structure.
• Attractive to institutional and private investors for long-term portfolio diversification.

Buyer Profile and Financing
This asset appeals to 1031 exchange buyers, institutional investors, family offices, and private equity groups seeking low-management, long-term cash flow. The fee simple ownership and corporate-guaranteed lease facilitate competitive financing options and high lender acceptance.

Conclusion
This Dollar General in Inverness, FL, presents a secure net lease investment with an 11-year lease term, backed by a strong corporate tenant in a steady, semi-rural Florida market. The property offers investors a hands-off income stream supported by stable demographics and excellent retail exposure.

Qualified investors are encouraged to request detailed offering materials and financials.