NN+ Leased 7-Building Dollar General Portfolio

This portfolio of seven Dollar General buildings are strategically positioned across established rural and suburban communities in Michigan, offering a diversified footprint. These sites serve as essential retail hubs in areas where Dollar General often operates as the primary general merchandise provider. Each store is located in underserved trade areas with limited retail competition and consistent consumer demand. These demographics align perfectly with Dollar General’s proven rural market model, ensuring long-term viability and tenant retention.P.A. Commercial is pleased to present a rare opportunity to acquire a stabilized portfolio of seven freestanding Dollar General Stores strategically located across Michigan. All assets are backed by corporate-guaranteed, modified triple net (NN+) leases with established rental histories and consistent income streams. This portfolio offers investors immediate scale, long-term occupancy stability, and minimal landlord responsibilities. With a total rentable square footage of 59,542 SF, the properties generated a 2024 total income of $384,750, supported by strong tenant reimbursement ($95,982.10), and produce a net operating income (NOI) of $389,462.20. The portfolio is being offered at $5,025,319, representing an attractive 7.75% cap rate. Each site benefits from long-term tenancy with an average remaining lease term of approximately 4.5 years, and multiple renewal options in place, providing potential for ongoing cash flow and future upside.