2026 BTS Dollar General with Rent Bumps!

Highlights:

• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities
• 2026 BTS Construction | Opening in June
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• Located on E Main Street - 2,354 VPD
• 3 Mile Household Income $78,666
• 10 Mile Population 21,486
• The Only Dollar Store Serving the Community!
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty

Description:

Fortis Net Lease is pleased to present this brand new 2026 BTS 9,100 SF. Dollar General store located in Vermontville, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is in the final stages of construction with opening & rent start in June 2026.

This Dollar General is highly visible as it is strategically positioned off of E Main Street seeing 2,354 cars per day and is the only dollar store serving the community! The 10 mile population from the site is 21,486 and the 3 mile average household income is $78,666 per year, making this location ideal for a Dollar General. This site is surrounded by residential homes & will be a essential store for the area. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top small box retailer. List price reflects a 6.60% cap rate based on NOI of $129,000.

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