Discount
Dollar General | 7+ Years Remaining
5083 NC-88, Warrensville, NC 28693
Listing Price: $1,794,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.23
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
- NEWER 2017 CONSTRUCTION
- 10% RENTAL INCREASES DURING EACH RENEWAL OPTION
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 21,000+ 10-MILE POPULATION
- HIGHWAY-88 LOCATION | 7,145+/- VPD
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
Listing Price: $1,794,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.23
Investment Highlights
- NEWER 2017 CONSTRUCTION
- 10% RENTAL INCREASES DURING EACH RENEWAL OPTION
- 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
- 21,000+ 10-MILE POPULATION
- HIGHWAY-88 LOCATION | 7,145+/- 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
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By

