Purchase Price | $1,857,142 |
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Annual Rental Income | $130,000 |
Cap Rate | 7% |
Lease Term | 11 Years |
City | Iverness |
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Dollar General represents a highly stable and passive net lease investment, backed by a corporate guarantee from Dollar General Corporation, a publicly traded Fortune 150 company with investment‑grade credit. This provides institutional‑level security and reliable long‑term income. Structured with absolute triple‑net leases, placing full responsibility for taxes, insurance, and all maintenance—including roof, structure, and HVAC—on the tenant, resulting in zero landlord obligations. With a vast national footprint spanning nearly every state, Dollar General has established itself as one of the largest and most resilient retailers in the country, particularly in rural and underserved markets where competition is minimal. Its recession‑resistant business model, built on discount pricing and essential goods, has allowed the company to thrive in all economic conditions while continuing to expand its presence aggressively nationwide.
A standout example is the Iverness, FL location, which benefits from strong local traffic driven by a growing population and limited discount retail options nearby, further reinforcing the strength and appeal of this tenant’s footprint. Nearby Tampa FL.