Dollar General

Dollar General Net Lease Investment Opportunity
Athens, GA MSA
12-Year Absolute Triple Net Lease | Corporate Guarantee | Fee Simple Ownership

This offering presents an excellent opportunity to acquire a brand-new single-tenant Dollar General located in the Athens, Georgia Metropolitan Statistical Area. Backed by a long-term 12-year absolute triple net (NNN) lease, this property provides secure, management-free income from one of the most successful discount retailers in the nation. With a strategic location, corporate guarantee, and strong market fundamentals, this investment offers long-term stability and predictable cash flow.

Location and Market Overview
The Athens MSA, home to the University of Georgia, is one of the fastest-growing and most dynamic mid-sized markets in the Southeast. With a population exceeding 225,000, Athens benefits from a strong and diversified economy supported by higher education, healthcare, manufacturing, and a robust service sector. The presence of the University of Georgia, which enrolls more than 40,000 students, drives steady demand for retail, housing, and essential goods and services.

The subject Dollar General property is located on a major arterial corridor with daily traffic counts exceeding 18,000 vehicles. The site offers strong visibility, convenient access, and proximity to residential neighborhoods, schools, and employment hubs. The area features complementary national retailers such as Walmart, Kroger, Lowe’s, and Chick-fil-A, further supporting consistent consumer traffic.

Demographics
Within a five-mile radius, the property serves more than 76,000 residents, with average household incomes of $71,000. Expanding to a 10-mile radius, the population grows to over 145,000, supported by the large student body and long-term residential growth. This diverse consumer base makes the Athens MSA an ideal market for Dollar General’s proven discount retail model.

Property Details
The property features a modern, freestanding Dollar General store totaling approximately 10,640 square feet on a 1.3-acre parcel. Built to the company’s latest prototype standards, the store offers an efficient floor plan, ample parking, prominent signage, and easy site circulation.

Ownership is offered fee simple, granting the buyer full control of both the land and the building, ensuring long-term stability and asset flexibility.

Lease Structure and Tenant Guarantee
The property is secured by a new 15-year absolute triple net (NNN) lease. Dollar General is responsible for all operating expenses, including real estate taxes, insurance, and maintenance, making this a truly passive investment. The lease includes 10% rental increases every five years, ensuring predictable income growth throughout the term.

Dollar General Corporation (NYSE: DG), with over 19,000 locations nationwide, is one of the largest discount retailers in the United States. The company is investment-grade rated and known for its recession-resistant business model, offering essential goods to communities across both urban and rural markets. Its continued aggressive expansion underscores its strength and market dominance.

Surrounding Area and Trade Drivers
Athens is anchored by the University of Georgia, which provides a stable and growing consumer base, along with a steady employment pipeline for the local economy. The property’s location near residential neighborhoods, schools, and healthcare facilities ensures daily demand for essential goods. In addition, its placement along a busy commuter route generates consistent customer traffic.

Investment Highlights

• Brand-new 12-year absolute triple net (NNN) lease with Dollar General.
• Fee simple ownership of a 1.3-acre parcel with a 10,640-square-foot modern prototype store.
• Tenant responsible for all property expenses, ensuring 100% passive income.
• Scheduled 10% rental increases every five years, providing dependable income growth.
• Corporate guarantee from Dollar General Corporation (NYSE: DG), an investment-grade, Fortune 500 retailer with more than 19,000 locations.
• Prime Athens MSA location with traffic counts exceeding 18,000 vehicles daily.
• Strong demographics: 76,000+ residents within five miles and 145,000+ within ten miles, with household incomes averaging $71,000.
• Proximity to the University of Georgia, schools, healthcare facilities, and major retailers.
• Ideal for 1031 exchange buyers, REITs, and institutional investors seeking secure, long-term, management-free cash flow.

Buyer Profile and Financing
This Dollar General is well suited for 1031 exchange buyers, family offices, and institutional investors seeking stable, long-term net lease income. The corporate-backed lease and absolute NNN structure provide strong lender confidence and support highly favorable financing terms.

Conclusion
This Dollar General in the Athens, GA MSA represents a premier net lease investment opportunity. Featuring a 15-year absolute triple net lease with corporate guarantee, scheduled rent escalations, and a prime location in a growing and dynamic Southeast market, this property delivers stable income and long-term appreciation potential.

Qualified investors are encouraged to request the offering memorandum, lease abstract, and financial details.