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Dollar General | Extended Lease

2112 Mooresville Rd, Salisbury, NC 28147

Listing Price: $915,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.12

Investment Overview

Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of November 1, 2024, the Company’s 20,523 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, selfcare and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General
Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

Investment Highlights

  • 7+ YEARS REMAINING
  • RECENT LEASE EXTENSION | AGREED TO 3 YEARS IN ADVANCE OF EXPIRATION
  • ACROSS FROM GRANTS LANDING | 100+ ACRE RESIDENTIAL DEVELOPMENT
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • LARGE MONTHLY CAM REIMBURSEMENT AMOUNTS
  • LESS THAN 1 HOUR FROM CHARLOTTE, NC
  • MOORESVILLE ROAD | 9,984 VPD

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Discount

Dollar General | Extended Lease

Listing Price: $915,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.12

Investment Highlights

  • 7+ YEARS REMAINING
  • RECENT LEASE EXTENSION | AGREED TO 3 YEARS IN ADVANCE OF EXPIRATION
  • ACROSS FROM GRANTS LANDING | 100+ ACRE RESIDENTIAL DEVELOPMENT
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • LARGE MONTHLY CAM REIMBURSEMENT AMOUNTS
  • LESS THAN 1 HOUR FROM CHARLOTTE, NC
  • MOORESVILLE ROAD | 9,984 VPD

Investment Overview

Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of November 1, 2024, the Company’s 20,523 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, selfcare and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

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