Discount
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.
Dollar General | New 15-Yr. NNN Lease
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
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.
