Discount
Dollar General PLUS | Across Deer Brook Golf Club
1306 New Prospect Church Rd, Shelby, NC 28150
Listing Price: $1,943,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$12.16
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS
• 20,000+ LOCATIONS IN 48 STATES
• $38.7 BILLION NET SALES FY 2023
Investment Highlights
- BRAND NEW 2024 CONSTRUCTION
- RARE 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE ENTIRE LEASE TERM
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- ACROSS FROM DEER BROOK GOLF CLUB
- 29,000+ 5-MILE POPULATION
- CORNER LOT LOCATION | 10,400 COMBINED VPD
Exclusively Listed By
Financing By
Discount
Dollar General PLUS | Across Deer Brook Golf Club
Listing Price: $1,943,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$12.16
Investment Highlights
- BRAND NEW 2024 CONSTRUCTION
- RARE 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE ENTIRE LEASE TERM
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- ACROSS FROM DEER BROOK GOLF CLUB
- 29,000+ 5-MILE POPULATION
- CORNER LOT LOCATION | 10,400 COMBINED VPD
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 20,000+ LOCATIONS IN 48 STATES • $38.7 BILLION NET SALES FY 2023
Exclusively Listed By
Financing By
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