Discount
Dollar General | Metro Asheville, NC
110 Rowland Rd., Swannanoa, NC 28778
Listing Price: $2,213,000
Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.3
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$207.99
Lease Type
Absolute Net
Rent Per Square Feet
$10.92
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Dollar General | Metro Asheville, NC
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | MAY OPENING
- DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
- CORNER LOT AT A TRAFFIC LIGHT
- HIGHWAY 70 LOCATION | 13,000 VPD
- GOOD DEMOGRAPHICS | 40,000+/- IN 5-MILE RADIUS
- RARE OPPORTUNITY TO OWN CORPORATE NET-LEASE PROPERTY IN METRO ASHEVILLE, NC
Exclusively Listed By
Broker of Record
Listing Price: $2,213,000
Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.3
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$207.99
Lease Type
Absolute Net
Rent Per Square Feet
$10.92
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | MAY OPENING
- DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
- CORNER LOT AT A TRAFFIC LIGHT
- HIGHWAY 70 LOCATION | 13,000 VPD
- GOOD DEMOGRAPHICS | 40,000+/- IN 5-MILE RADIUS
- RARE OPPORTUNITY TO OWN CORPORATE NET-LEASE PROPERTY IN METRO ASHEVILLE, NC
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Exclusively Listed By
Broker of Record
