Description
This Dollar General investment offers a strong opportunity secured by a corporate guaranty from Dollar General, an S&P investment-grade tenant rated “BBB.” The property is operating under the original 15-year lease with 9 years remaining and features an absolute net structure, providing zero landlord responsibilities—ideal for a passive investor. Ranked in the top 14% of Dollar Generals nationwide per Placer.AI, it is also the #1 dollar store in all of Roanoke. The store sits in a high-visibility retail hub alongside leading national retailers such as Walmart, Burger King, Verizon, Tractor Supply Co., Taco Bell, T-Mobile, Guthrie’s, and McDonald’s. Positioned along U.S. Highway 431, with traffic counts exceeding 14,000 vehicles per day, the property benefits from steady visibility and accessibility. Roanoke itself is strategically located in the Southern U.S., just 90 miles from Atlanta, 80 miles from Birmingham, and 107 miles from Montgomery, making it a central and well-connected market.
Listing Details
- Cap Rate
7%
- Tenancy
Single
- Space Type
retail
- Sub Category
grocery-store
- Date Listed
9/23/2025
- Net Operating Income
$108,112
- Brand Info
Dollar General
Property Specifics
- Property Name
STNL Investment Grade Dollar General | 108 Lamar St
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
2019
- Building Size
10,640 SF
- Lot Size
2.2 AC
- APN
56 16 07 26 4 013 005.000
- Occupancy
100%


