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8.00 Cap Dollar General pays Percentage Rent 356 Highway 114 9,100 SF Retail Building Summerville, GA 30747 $760,725 ($83.60/SF) 8% Cap Rate



Investment Highlights
- High-Performing Dollar General: Single tenant is a top-performing Dollar General, delivering strong and consistent revenue.
- Percentage Rent Revenue: Dollar General pays percentage rent in addition to base rent, enhancing income based on store sales.
- Low-Risk Investment: Single-tenant property backed by Dollar General’s strong credit, offering stability and reliable returns.
- New Five-Year Lease Extension: Dollar General’s recent 5-year lease extension without rent reduction signals long-term commitment.
- High-Traffic Location: Positioned on busy Highway 114, ensuring excellent visibility and steady customer traffic.
- Thriving Community: Located in Summerville, GA, a growing market with increasing demand for essential retail.
Executive Summary
Backed by Dollar General’s strong corporate credit, the property features a recently extended 5-year lease without rent reduction, ensuring predictable cash flow through at least 2030. The lease structure includes percentage rent in addition to base rent, providing significant upside potential driven by the store’s robust sales performance. Positioned on the main thoroughfare through Summerville, the property benefits from its proximity to a city park, ball field, and public high school, which are proven drivers of convenience item sales at this location.
The property’s prime location on Highway 114, a high-traffic corridor, ensures excellent visibility and accessibility, capturing consistent customer traffic as the last retail option for outbound travelers and the first for those entering town. With the nearest competing store 1.6 miles away in a substantially inferior location, this Dollar General enjoys a competitive edge in the local market.
Summerville’s growing population and increasing demand for essential retail services further enhance the property’s long-term value. With its low-maintenance net lease structure and creditworthy tenant, this asset offers passive investors a secure income stream with minimal management responsibilities. This Dollar General property represents a rare opportunity to acquire a high-quality retail investment with immediate cash flow and strong growth potential in a dynamic community.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 00S22-00000-096-00A | Improvements Assessment | $197,880 |
| Land Assessment | $25,480 | Total Assessment | $223,360 |
Property Taxes
Contact the Sale Advisor
8.00 Cap Dollar General pays Percentage Rent | 356 Highway 114

