Dollar General

Dollar General—a publicly traded, investment-grade retailer operating nearly 20,000 stores across the U.S.—offers investors a compelling opportunity through its corporate-guaranteed, absolute triple-net lease model, where the tenant assumes all property expenses including taxes, insurance, and maintenance, ensuring genuinely passive and reliable long-term income.

In Canton, Ohio—a historic industrial city of around 70,000 residents within a larger metro area of approximately 400,000—the retailer leverages a market undergoing economic diversification and revitalization. Once heavily reliant on manufacturing, the city has transitioned toward a balanced economy that now includes healthcare, education, retail, and tourism, with major employers such as Aultman Hospital, Mercy Medical Center, the TimkenSteel Company, and the Pro Football Hall of Fame driving local employment. Canton’s median household income stands at roughly $39,800—significantly below national averages—while per-capita and retail sales figures ($1.125 billion in total retail sales in 2022) reflect a resilient consumer base in an affordable trade area . The presence of strong healthcare infrastructure and steady retail demand—retail trade comprises about 11 % of employment in Stark County—further supports consistent foot traffic and local spending power. Canton combines low costs of living and housing affordability—the median home value is approximately $94,400—with ongoing investment in downtown revitalization and tourism, including the Hall of Fame Village project, which, despite delays, serves as a long-term catalyst for regional economic engagement. Its transit corridors and retail concentrations—including Belden Village Mall and suburban retail nodes—provide excellent visibility and access for value-focused retail offerings. A Dollar General store in Canton is optimally positioned to serve both local residents—who benefit from cost-effective necessities—and transient consumer groups tied to healthcare, tourism, and commuting patterns. The synergy of an institutional-grade tenant, a stable lease structure, and Canton’s diverse economic composition makes this asset a strategic addition to any net-lease portfolio, offering robust downside protection, inflation resilience, and long-term passive income reliability.