This exceptional investment opportunity presents a 10,640 square foot Dollar General Market situated on a 2.53-acre lot in Trenton, Georgia. The property boasts a new 15-year absolute NNN lease with Dollar General, commencing September 1, 2024, and expiring September 1, 2039. The lease includes a corporate guarantee and features 5% rent increases every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $159,120, resulting in a compelling 6.60% cap rate. This "next-gen" Dollar General Market offers an expanded product selection, including fresh produce, milk, and meats, catering to a broader customer base. Strategically located at a signalized intersection with a combined daily traffic count of 12,070 vehicles, and just four miles from Interstate 59 (22,400 VPD), the property benefits from high visibility and accessibility. The location is further enhanced by its proximity to other national retailers in Trenton and its convenient access to Chattanooga, Tennessee, the fourth largest city in the state, a major tourist destination, and a thriving economic hub. Dollar General, a Fortune 500 company with an S&P investment-grade credit rating of BBB, is a financially stable and reliable tenant with over 20,000 locations nationwide. This property offers a secure, high-yield investment with significant long-term growth potential.
Highlights
15-year NNN lease with Dollar General, including 5% rent increases every five years, starting September 1, 2024. The lease is corporate guaranteed.
New construction Dollar General Market featuring an expanded product selection, including fresh produce, milk, and meats. Opened September 2024.
High-traffic location at a signalized intersection (12,070 VPD), four miles from Interstate 59 (22,400 VPD). Located near other national retailers in Trenton.
Situated 30 minutes from Chattanooga, Tennessee, the state's fourth-largest city, a major tourist destination, and a significant economic hub.
Investment-grade tenant (S&P: BBB). Dollar General is a Fortune 500 company with over 20,000 locations nationwide.
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Contacts
Don McMinn
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2150 Ga-136, Trenton, Georgia, 30752
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2150 Ga-136
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