Skip to main content

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
15.0
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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

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
15.0
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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

MM Texture Background
MM Textured Background Lower