Discount
Dollar General Market | New 15-Yr. NNN with Increases
Hwy 52 Bypass & Mary Moore Dr., Pilot Mountain (Winston-Salem MSA), NC 27041
Listing Price: $2,552,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$13.81
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Pilot Mountain, NC.
Investment Highlights
- 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant Rated 'BBB' by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation's Largest Retailer with 19,800+ Stores
- New Construction with Partial Brick Storefront on an Oversized Parcel
- Serving Over 71,000 Residents in Surry County, 20 Miles North of Winston-Salem
Discount
Dollar General Market | New 15-Yr. NNN with Increases
Listing Price: $2,552,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$13.81
Investment Highlights
- 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant Rated 'BBB' by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation's Largest Retailer with 19,800+ Stores
- New Construction with Partial Brick Storefront on an Oversized Parcel
- Serving Over 71,000 Residents in Surry County, 20 Miles North of Winston-Salem
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Pilot Mountain, NC.
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