Dollar General & Shell

Dollar General Highlights

• Corporate Guarantee (NYSE: DG): The lease is backed by a corporate guarantee from Dollar General, a Fortune 100 company and highly stable national tenant.
• Attractive Return Metrics: The asset is offered at a competitive listing price of $1,440,000, delivering a strong 8.00% cap rate. The property generates $115,000 in annual rent, which equates to $9,583 monthly.
• Long-Term Cash Flow: The current lease provides long-term security with 8.6 years of term remaining and an expiration date of May 31, 2035.
• Rent Increases: Features scheduled 10% rent escalations at the start of each of the four, 5-year renewal options, enhancing long-term income growth and acting as a hedge against inflation.
• High-Traffic Location: Strategically positioned at 6369 Thomaston Road in Macon, GA, the site benefits from high visibility and exposure to over 11,000 vehicles per day on Thomaston Rd, a primary commercial corridor.
• Strong Population Base: Macon has approximately 157,500 residents, providing a substantial customer base for nearby retail and essential-service businesses.
• Established Household Base: The market supports 70,000+ employed residents, indicating a sizable workforce and consistent economic activity throughout the area.
• Attractive Income & Age Profile: The area has a $51,234 median household income and a 36.6 median age, reflecting an established consumer base with ongoing household spending needs.
• Dollar General Asking Price: $1,440,000

Shell Highlights

• Absolute NNN Lease & Long-Term Cash Flow: The property features an absolute triple net lease with a full 15-year term, providing a completely passive investment with zero landlord management responsibilities.
• Attractive Income & Rent Increases: Generates a strong annual base rent of $120,000 ($10,000 monthly) with scheduled 5% rent escalations every 5 years, acting as a hedge against inflation.
• Personal Guarantee & Renewal Options: The lease is backed by a personal guarantee for added security and includes three, 5-year renewal options for extended occupancy and continued revenue.
• High-Traffic Location: Strategically positioned at 6369 Thomaston Road in Macon, GA, the site benefits from high visibility and exposure to over 11,000 vehicles per day on a primary commercial corridor.
• Strong Population & Household Base: Macon provides a substantial customer base for retail with approximately 157,500 residents and a sizable workforce of 70,000+ employed individuals throughout the area.
• Attractive Income & Age Profile: The local market reflects an established consumer base with ongoing household spending needs, supported by a $51,234 median household income and a 36.6 median age.
• Shell Asking Price: $1,920,000

Dollar General may be purchased individually or together with the adjacent Shell gas station. Shell is not available for individual sale.

• Total Asking Price: $3,360,000