Dollar General - Juneau, WI

This Dollar General location offers a highly secure investment backed by an investment-grade corporate guaranty (S&P: BBB/Stable) from Dollar General Corporation, which reported FY2024 sales of $38.7 billion and net income of $1.7 billion. The property benefits from low rent at approximately $3/SF, positioning it among the most competitive rates on the market. Recently remodeled to the tenant’s current prototype, the site features updated interior and exterior finishes, a new sign, and brand-new refrigeration units, ensuring no deferred maintenance. Additional capital improvements include a roof replacement in 2020 and parking lot upgrades to tenant standards. Dollar General has operated at this location for 21 years and recently executed a five-year early lease extension in 2025, underscoring their long-term commitment. The lease provides an imminent 13% rent increase in October 2026, followed by 10% increases at each option, offering a strong hedge against inflation. With limited landlord responsibilities and a unique reimbursement structure that generates approximately $3,500 annually in parking lot expense arbitrage, this asset delivers stable income with minimal capital outlay.

• Recent early extension
• Interior remodel
• Low rent at $3 psf
• Brand new roof
• Investment grade corporate guaranty