Purchase Price | $2,480,000 |
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Annual Rental Income | $155,000 |
Cap Rate | 6.25% |
Lease Term | 15 Years |
City | Twin Falls |
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Dollar General, a leading discount retailer with nearly 20,000 stores across the U.S., has established a strong presence in Twin Falls, Idaho, offering affordable essentials to the community. The company’s business model is recession-resistant and growth-oriented, ensuring steady performance even during economic downturns. Dollar General’s corporate guarantee, investment-grade credit rating, and absolute triple-net leases provide investors with a highly secure and passive income stream, as tenants are responsible for all property-related expenses including taxes, insurance, and maintenance. This model is especially attractive to those seeking low-management real estate investments with long-term stability.
Twin Falls, located in south-central Idaho, serves as the regional commercial center for the Magic Valley. With a population of approximately 55,589 as of July 1, 2024, the city has experienced a 7.2% growth since the 2020 census . The median household income is $60,760, and the per capita income is $31,526 . The local economy is diverse, with significant contributions from retail, healthcare, education, and manufacturing sectors. Twin Falls’ strategic location along major transportation corridors facilitates robust trade and access to a wide consumer base, while the cost of living remains below the national average, attracting both residents and businesses.
The Dollar General store in Twin Falls benefits from the city’s economic stability and growth. The retail environment blends local businesses with national chains, creating a stable demand for convenient discount retail options like Dollar General. The store is well-positioned within the community to serve both everyday local shoppers and transient populations connected to the agricultural and industrial sectors.
This confluence of a strong corporate tenant and a resilient regional economy makes the Dollar General property in Twin Falls, ID, an attractive investment opportunity. Investors can expect dependable income backed by a reputable tenant in a market that offers long-term growth potential driven by diverse economic activities and demographic stability. The partnership of Dollar General’s proven operational strength with Twin Falls’ strategic economic positioning ensures this asset will remain a valuable addition to any net-lease portfolio.