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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%

Property Amenities

Location Amenities

Airport
Commuter Rail
Public Transportation