Discount
Dollar General
135 County School Rd, Lexington, NC 27292
Listing Price: $1,682,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,195
Guarantor
Corporate Guarantee
Rentable SF
9,195
Price/Gross SF
$182.93
Lease Type
Absolute Net
Rent Per Square Feet
$11.90
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar General in Lexington, NC.
Investment Highlights
- 10+ years remaining on an original 15-year absolute triple-net lease that features zero landlord responsibilities and five 5-year renewal options.
- Dollar General Corporation guarantees the lease and the current annual base rent of $109,392. Dollar General (NYSE: DG)
- Located along I-85 corridor with 54,236 vehicles per day and US Highway 64 with 13,000 vehicles per day.
- South Davidson County submarket demonstrates stability with 1.7% vacancy rate, outperforming market average of 2.7%.
- Trade area shows steady growth with 5.55% projected 5-year population increases within 3-miles.
Listing Price: $1,682,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,195
Guarantor
Corporate Guarantee
Rentable SF
9,195
Price/Gross SF
$182.93
Lease Type
Absolute Net
Rent Per Square Feet
$11.90
Investment Highlights
- 10+ years remaining on an original 15-year absolute triple-net lease that features zero landlord responsibilities and five 5-year renewal options.
- Dollar General Corporation guarantees the lease and the current annual base rent of $109,392. Dollar General (NYSE: DG)
- Located along I-85 corridor with 54,236 vehicles per day and US Highway 64 with 13,000 vehicles per day.
- South Davidson County submarket demonstrates stability with 1.7% vacancy rate, outperforming market average of 2.7%.
- Trade area shows steady growth with 5.55% projected 5-year population increases within 3-miles.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar General in Lexington, NC.

