Dollar General | Chattanooga MSA

Investment Highlights

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in the initial lease term and in each of the five, 5-year option periods.

2026 CONSTRUCTION NORTH GA DOLLAR GENERAL
• New 10,640 SF upgraded construction Dollar General located in Dalton, GA.
• This store is under construction, and rent commences in Febuary 2026

LESS THAN 4 MILES FROM DOMINANT INDUSTRIAL & RETAIL CORRIDOR
• The subject property is located less than 3 miles from a dominant retail & industrial corridor featuring tenants such as Walmart, Home Depot, Academy, Kohls and over 850,000 SF of industrial facilities.
• Dalton, GA is known for its manufacturing plants with over 25,000 manufacturing jobs
• This store is next to an elementary school with 373 students.

DALTON IS THE CARPET CAPITAL OF THE WORLD
• Dalton is the county seat of Whitfield County located just off Interstate 75 in the foothills of the Blue Ridge Mountains and is the second largest city in Northwest Georgia.
• Dalton is known as “The Carpet Capital of the World” and is home to 90% of the world’s carpet production.
• Dalton houses over 150 carpet plants employing approximately 30,000 people, and future job growth is predicted to be 36.74% over the next 10 years.
• Dalton is home to Dalton State College (5,987+ Students). Dalton and Whitfield County School districts include 34 schools with over 17,929 students.

CHATTANOOGA, TN | 4TH LARGEST CITY IN TN
• Dalton is well located 30 miles South of Chattanooga, Tennessee, and is part of the MSA (547,776+).
• Chattanooga is the fourth largest city in Tennessee with a population of over 170,000 people.
• Chattanooga is one of the South’s top travel destinations, with the New York Times naming Chattanooga one of the “Top 45 Places to Go.”
• Chattanooga’s affordable cost of living with one of the area’s lowest tax rates as well as the Volkswagen plant that has boosted the area’s labor force.
• There is no state property tax in Tennessee.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB.
• The company currently operates over 21,000 locations and plans to open 575 new stores in US & 15 in Mexico.
• Dollar General has been in business for 86 years and has a current net worth exceeding $18.16 billion.