Discount
Dollar General | 8.25% Cap
115 N 2nd Ave, Mayodan, NC 27027
Listing Price: $988,800
Cap Rate
8.25%
Tenant Name
Dollar General
Years Remaining On Lease
1.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.96
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS
• 19,000+ LOCATIONS IN 48 STATES
• $37.8 BILLION NET SALES FY 2022
Investment Highlights
- LOW RENT AND PRICE POINT
- DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- DOWNTOWN MAYODAN, NC LOCATION
- NEARBY TENANTS: WALMART, LOWE'S, AUTOZONE, FOOD LION, TRACTOR SUPPLY AND MORE
- GOOD DEMOGRAPHICS FOR DOLLAR GENERAL | 13,000+ IN 5-MILE RADIUS
Exclusively Listed By
Financing By
Listing Price: $988,800
Cap Rate
8.25%
Tenant Name
Dollar General
Years Remaining On Lease
1.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.96
Investment Highlights
- LOW RENT AND PRICE POINT
- DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- DOWNTOWN MAYODAN, NC LOCATION
- NEARBY TENANTS: WALMART, LOWE'S, AUTOZONE, FOOD LION, TRACTOR SUPPLY AND MORE
- GOOD DEMOGRAPHICS FOR DOLLAR GENERAL | 13,000+ IN 5-MILE RADIUS
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 19,000+ LOCATIONS IN 48 STATES • $37.8 BILLION NET SALES FY 2022
Exclusively Listed By
Financing By
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