Dollar General

Dollar General, a renowned publicly traded retailer with nearly 20,000 nationwide locations and an investment-grade credit rating, stands as a fortress in the discount retail space, offering essential goods via recession-resistant operations backed by absolute triple-net leases in which tenants shoulder all property-related obligations—taxes, insurance, repairs, roof, and HVAC—making it an ideal, low-management investment for those seeking stable, long-term returns.

The Danbury, Connecticut location benefits from inhabiting a dynamic and diversifying regional economy. Danbury itself, with a steadily growing population of around 89,000 residents, has recorded moderate growth of 2–3 percent since 2020. The city offers a median household income in the high $70,000s, with per-capita earnings around $44,000 and a strong diversity profile—Hispanic/Latino residents alone account for roughly 31 percent of the population . Retail sales exceed $3 billion annually, demonstrating robust consumer demand . Danbury is a multifaceted economic hub anchored by higher education, healthcare, manufacturing, and professional services, with major employers including Western Connecticut Health Network, Boehringer Ingelheim, Danbury public schools, and WCSU. The retail scene is anchored by Danbury Fair Mall—one of the region’s largest indoor shopping centers—which continues to thrive following several anchor store turnovers, reaffirming Danbury’s position as a primary shopping destination. Downtown revitalization efforts, led by projects like CityCenter Danbury, have strengthened the urban core, while infrastructural connectivity via multiple highways and the municipal airport supports regional commerce. Despite a cost of living somewhat higher than the national average, residents enjoy solid quality-of-life indicators supported by a stable labor force—unemployment remains below 6 percent—while poverty hovers near 11 percent . Against this backdrop, the local Dollar General store is strategically positioned to serve a broad demographic of families, commuters, students, healthcare workers, and cross-border shoppers, delivering consistent traffic and dependable sales. The combination of Dollar General’s vigorous expansion strategy targeting secondary and tertiary markets, absolute NNN lease structure with built-in escalations, corporate-guaranteed credit tenancy, and Danbury’s strong commercial fundamentals—diverse economic drivers, excellent retail visibility, solid population growth, and ongoing community investment—makes this property an exceptional addition to any net-lease portfolio. A very strong offering.