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Dollar General Plus 11236 GA-169 10,640 SF Retail Building Glennville, GA 30427 $2,432,182 ($228.59/SF) 6.60% Cap Rate



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.
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
$2,432,182
Price Per SF
$228.59
Cap Rate
6.60%
NOI
$160,524
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 | - |
Property Taxes
| Parcel Number | 088 043 01 | Improvements Assessment | $99,620 |
| Land Assessment | $85,160 | Total Assessment | $184,780 |
Property Taxes
Parcel Number
088 043 01
Land Assessment
$85,160
Improvements Assessment
$99,620
Total Assessment
$184,780
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Dollar General Plus | 11236 GA-169
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