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Dollar General Market | New 15-Yr. NNN with Increases

Hwy 52 Bypass & Mary Moore Dr., Pilot Mountain (Winston-Salem MSA), NC 27041

Listing Price: $2,651,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
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

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 Market | New 15-Yr. NNN with Increases

Listing Price: $2,651,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
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.

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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