Discount
Dollar General MARKET | 5% Increases Every 5 Years
4470 US 70 E, Nebo, NC 28761
Listing Price: $2,197,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
12,687
Guarantor
Corporate Guarantee
Rentable SF
12,687
Price/Gross SF
$173.17
Lease Type
Absolute Net
Rent Per Square Feet
$12.12
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
- UPGRADED DOLLAR GENERAL MARKET STORE
- RARE 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE ENTIRE LEASE TERM
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 18,000+ 5-MILE POPULATION
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
Listing Price: $2,197,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
12,687
Guarantor
Corporate Guarantee
Rentable SF
12,687
Price/Gross SF
$173.17
Lease Type
Absolute Net
Rent Per Square Feet
$12.12
Investment Highlights
- BRAND NEW 2024 CONSTRUCTION
- UPGRADED DOLLAR GENERAL MARKET STORE
- RARE 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE ENTIRE LEASE TERM
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 18,000+ 5-MILE POPULATION
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
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By

