Dollar General

• Investment-Grade Tenant: The property is leased to Dollar General, a nationally recognized discount retailer backed by a corporate guarantee. With an investment-grade BBB credit rating from Standard & Poor’s, Dollar General provides investors with established creditworthiness and income supported by a leading essential-goods retailer.
• Strong Store Performance & National Ranking: According to AlphaMaps, the subject Dollar General ranks in the 90th percentile nationally, 81st percentile statewide, among branded Dollar General locations as of July 2026. The store’s consistently strong historical rankings demonstrate an established operating presence and favorable performance relative to other locations within the chain.
• Established Operating History: Constructed in 2010, the ±9,100 SF building sits on approximately 1.03 acres along Noble Street in Anniston, Alabama. Dollar General has operated at the location for more than 16 years, demonstrating a long-standing presence and continued commitment to serving the surrounding community.
• Attractive Renewal Options & Built-In Rental Growth: The lease features five remaining renewal options, consisting of one 3-year option followed by four 5-year options. The first option includes a 4.25% rental increase, with 10% increases at each subsequent 5-year renewal. These contractual escalations provide potential long-term income growth, increasing annual rent from $89,400 to approximately $136,459 if all options are exercised.
• Minimal Landlord Responsibilities: The property operates under a double-net (NN) lease structure, with the tenant responsible for specified operating expenses, including property insurance, HVAC, and real estate taxes subject to contractual exclusions. This structure reduces the landlord’s day-to-day operating responsibilities while retaining landlord obligations for the roof, structure, and certain parking lot maintenance and capital repairs.
• Essential Retail Positioning: Dollar General’s value-oriented business model focuses on everyday necessities, including groceries, household supplies, and personal care products. The retailer’s emphasis on affordable consumable goods supports recurring customer demand and positions the property within a defensive retail segment that serves consumers across economic cycles.