Dollar General – Myrtle, MS | ABS NNN, 7.50% 1546 State Road 30 W 9,026 SF Retail Building Myrtle, MS 38650 $994,000 ($110.13/SF) 7.50% Cap Rate

Russell Commercial Advisory is pleased to present a freestanding, 2016-built Dollar General in Myrtle, Mississippi, offered at $994,000 — a 7.50% cap on $74,533 of absolute-net income. The store occupies ±0.98 acres with direct frontage on State Highway 30, midway between Oxford (University of Mississippi) and New Albany.
Will consider a portfolio sale with the Carthage, MS Dollar General at 12620 Highway 488, Carthage, MS 39051.
The property is corporately guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant (S&P BBB), on an absolute triple-net lease — the tenant is responsible for all expenses, including roof and structure — making this a completely passive investment. Approximately 4.75 years remain on the primary term, followed by five 5-year renewal options with 10% rent increases that step the yield upward at each renewal.
Recent tenant reinvestment underscores long-term commitment to the site: Dollar General completed a corporate-funded remodel beginning November 2025, including new fixtures, registers, self-checkout, and coolers. The lease also carries a 1-mile dollar-store exclusive, and the nearest competing dollar store is 8.3 miles away — a wide competitive moat serving a stable trade area with average household incomes near $97,000 within five miles.
My seller is also looking to purchase Dollar Generals. Please reach out to discuss!
Offered in cooperation with Bang Realty of Mississippi, Inc. (Broker of Record).