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Dollar General | New 15-Yr. NNN Lease

4393 NC-111 Highway, Albertson, NC 28578

Listing Price: $1,568,000

Cap Rate
6.05%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.98

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Albertson, NC.

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 19,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New Upgraded Construction with Brick Façade on an Oversized Parcel
  • Serving Over 48,500 Residents in Duplin County
  • Strategic Location, Closest Dollar General Store is Approximately 7 Miles Away

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Discount

Dollar General | New 15-Yr. NNN Lease

Listing Price: $1,568,000

Cap Rate
6.05%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.98

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 19,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New Upgraded Construction with Brick Façade on an Oversized Parcel
  • Serving Over 48,500 Residents in Duplin County
  • Strategic Location, Closest Dollar General Store is Approximately 7 Miles Away

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Albertson, NC.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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