Discount
Dollar General Mini Market | New 15-Yr. NNN | Upgraded Partial Brick Store
3738 US-64, Mocksville, NC 27028
Listing Price: $2,487,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$15.43
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Mocksville, NC.
Dollar General Mini Market | New 15-Yr. NNN | Upgraded Partial Brick Store
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New Construction with Partial Brick and Wood-Siding on an Oversized Parcel
- Serving Over 44,000 Residents in Davie County Trade Area
- Strong Average Household Incomes in Excess of $72,000 within 3 and 5 Miles
Discount
Dollar General Mini Market | New 15-Yr. NNN | Upgraded Partial Brick Store
Listing Price: $2,487,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$15.43
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New Construction with Partial Brick and Wood-Siding on an Oversized Parcel
- Serving Over 44,000 Residents in Davie County Trade Area
- Strong Average Household Incomes in Excess of $72,000 within 3 and 5 Miles
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Mocksville, NC.
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