Dollar General

• Recent Lease Extension – The tenant recently exercised their 5-year renewal option, demonstrating strong commitment to the location they’ve operated at since 2012. For an investor, a 15-year track record paired with a fresh lease extension confirms strong store performance and commitment.
• Top-Performing Store Location – The Dollar General ranks in the 78th percentile (Top 22%) for customer visitation across all Virginia locations, according to AlphaMap. This metric indicates strong store sales, high customer traffic and signals long-term tenant retention.
• High Yield Opportunity – This investment features a high-yield return secured by corporate credit. With over 5 years left on the primary term and 4 additional renewal options, an investor gains strong current cash flow backed by long-term upside.
• High Traffic Exposure – The Dollar General is positioned within the I-81 corridor along US-19, seeing ~20,000 vehicles per day (VDOT), ensuring high visibility and consistent, everyday customer traffic. For an investor, this prime placement near national retailers ensures maximum visibility, reinforces strong store performance, and limits vacancy risk through continuous daily traffic.
• Corporate Guarantee – The lease is guaranteed by Dollar General Corporation, a Fortune 100 company and the largest dollar store retailer in the nation, with over 21,000 locations across 48 states. Dollar General carries BBB investment-grade long-term credit ratings from S&P’s Global. This strong guarantee provides the landlord with a heightened sense of security.