Brand New Dollar General Plus | Rent Bumps

Highlights:

• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities | Concrete Parking Lot
• 2026 BTS Plus Size Construction | NOW OPEN!
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• 2 Mile Household Income $112,477
• 5 Mile Population 57,745
• 14,239 Cars Per Day on Jonesville Rd | Corner Site
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty
• 1 Mile from Tony Stewart Speedway | Residential Homes Surround Site

Description:

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in Columbus, Indiana. 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 has completed construction and successfully opened for business in February 2026.

This Dollar General is highly visible as it is strategically positioned on the corner of Garden Street & Jonesville Road seeing 14,239 cars per day. The 5 mile population from the site is 57,745 and the 2 mile average household income is $112,477 per year, making this location ideal for a Dollar General. It sists just off of the W Jonathan Moore Pike, 1 mile from the Tony Stewart Speedway, directly across from a mobile home community & nestled among houses. 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 dollar store. List price reflects a 6.35% cap rate based on NOI of $149,348.64.

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