Dollar General #1 – 8021 Austin Peay Hwy, Millington, TN
Long-Term Stability Backed by a National Brand
This acquisition reflects our commitment to pursuing reliable, low-volatility investments with strong tenant fundamentals. Dollar General’s single-tenant net lease structure offers consistent cash flow with minimal landlord involvement — ideal for long-term hold strategies.
We acquired this property with a focus on:
- Creditworthy tenancy – Dollar General operates nearly 20,500 stores nationwide and carries investment-grade ratings.
- Passive income model – A double-net lease eliminates landlord responsibilities like taxes, insurance, and most maintenance.
- Bond-like reliability – Fixed rental income, long-term lease, and minimal management mirror the predictability of fixed-income instruments.
- Resilient retail – Dollar General is a category leader in recession-resistant, essential goods — making it less vulnerable to economic cycles.
- Market familiarity – We identified this location in a stable, suburban corridor with a proven track record of performance.
Dollar General #2 – 6040 Raleigh Millington Rd, Millington
Stabilized Income with Development Upside
This single-tenant Dollar General property aligns with our strategy of acquiring stable, credit-backed retail assets in growth corridors. The location benefits from steady traffic, strong store performance, and a long-term lease structure with minimal management overhead.
What sets this asset apart is the additional parcel acquired in December 2025 — offering future development flexibility without compromising the current income stream.
Strategic highlights:
- Core retail holding – Leased to Dollar General under a triple-net structure, providing predictable income and zero landlord burden.
- Recession-resistant tenancy – As an operator of ~20,000 stores, Dollar General continues to outperform during economic slowdowns.
- Suburban growth corridor – Located along Raleigh Millington Rd with favorable zoning and traffic patterns.
- Future upside – Adjacent land provides optionality for future development, whether retail expansion, flex use, or pad site construction.
- Disciplined portfolio fit – Complements our first DG acquisition, reinforcing our focus on dependable cash flow with embedded growth potential.