Dollar General NNN Properties For Sale | 6–7.15% Cap Rate | The ESS Group
Dollar General NNN property
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Dollar General NNN Properties

Absolute NNN · Baa2 / BBB credit · 67.15% cap rate · $1.2M$2.5M

Cap Rate: 6–7.15%
Price Range: $1.2M–$2.5M
Lease Term: 15 years
Lease Type: Absolute NNN
Credit: Investment Grade

Why Investors Buy Dollar General NNN Properties

Dollar General is the most widely transacted NNN brand in the country — and for good reason. With 19,000+ locations, investment-grade credit, corporate guarantees, and proven recession-proof performance, Dollar General properties offer exceptional value for passive income investors.

Cap Rate Range
6–7.15%
6.00–7.15% (2025)
Typical NOI
$65,000–$170,000/yr
annual net income
Typical Price
$1.2M–$2.5M
$180–$350/SF/SF
US Locations
19,000+ US locations
Est. 1939

Lease Structure

Lease TypeAbsolute NNN
GuaranteeCorporate (Dollar General Corporation)
Typical Term15 years
Rent Bumps5–10% at each option
Estimated NOI$65,000–$170,000/yr
Price Per SF$180–$350/SF
Building Size7,000–10,000 SF

Brand Financials

Annual Revenue$38B+
Market Cap$22B+
US Locations19,000+ US locations
Founded1939
HeadquarteredGoodlettsville, TN
Credit RatingBaa2 / BBB (Moody's / S&P)
Investment Grade✓ Yes

Why Investors Choose Dollar General

  • Investment-grade corporate guarantee from Dollar General Corporation
  • Most liquid NNN asset class — largest buyer pool, fastest sale times
  • Recession-proof: DG thrives in economic downturns when consumers trade down
  • 15-year initial terms provide long-term income certainty
  • Most accessible price point for NNN investors ($1.2M–$2.5M)
  • 19,000+ locations prove brand viability in any market size

Key Risks to Underwrite

  • Lease structures vary (NN vs NNN) — landlord may have some maintenance obligations
  • Cap rates have compressed as demand surged — lower yield than 5 years ago
  • Rural locations require review of population stability

Ideal Investor Profile

  • First-time NNN investors entering the asset class
  • 1031 exchange investors with smaller exchange equity ($1.2M–$2.5M)
  • Investors building a diversified NNN portfolio with reliable brand anchor

Is Dollar General Right for Your 1031 Exchange?

Dollar General NNN properties are a popular 1031 exchange destination for investors who want to eliminate active management while preserving their equity in a investment-grade corporate-guaranteed asset. With typical prices of $1.2M$2.5M, these properties fit a wide range of exchange equity positions. The Absolute NNN structure means your 1031 replacement property comes with zero landlord obligations — ideal for investors who have sold multifamily, commercial, or other management-intensive assets and want truly passive income.

Exchange Price Range
$1.2M–$2.5M
Annual NOI
$65,000–$170,000/yr
Lease Type
Absolute NNN

Compare Other NNN Tenants

Access Off-Market Dollar General Properties

We maintain an exclusive inventory of Dollar General NNN properties — many of which never appear on LoopNet or CoStar. Contact us to see what's available before it trades.