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Dollar General Plus 11236 GA-169 10,640 SF Retail Building Glennville, GA 30427 $3,362,492 CAD ($316.02 CAD/SF) 6.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
  • 2025 BTS | Corner Entry Plus Size Construction
  • Three Mile Household Income $73,349
  • 5% Rental Rate Increases Every 5 Years | NOW OPEN!
  • Five (5 Year) Options | 5% Rental Increase At Each Option
  • Ten Mile Population 13,817 | 8.16% Expected Growth

EXECUTIVE SUMMARY

Fortis Net Lease is pleased to present this 10,640 SF. Dollar General Plus store located in Glennville, Georgia. The property is secured with a 15 year, Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases ever 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction & successfully
opened for business in August 2025.
This Dollar General is highly visible as it is strategically positioned on the hard signalized corner of GA-23 and Highway 169 which sees 5,529 cars per day. The ten mile population from the site is 13,817 and the three mile average household income is $73,349 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 10 mile population growth rate at 8.17%! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.60% cap rate based on NOI of $160,524.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$3,362,492 CAD
Price Per SF
$316.02 CAD
Cap Rate
6.60%
NOI
$221,924 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.21 AC
Zoning
C-1 - Commercial
Parking
32 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
178’ on Georgia 23

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar General
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar General Retailer 99,999 SF - Lorem Ipsum -
  • Listing ID: 36232466

  • Date on Market: 2025-06-12

  • Last Updated:

  • Address: 11236 GA-169, Glennville, GA 30427

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