Skip to main content

Discount

Dollar General | 8+ Years | Early Extended

115 N 2nd Ave, Mayodan, NC 27027

Listing Price: $1,053,000

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.96

Investment Overview

DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE

• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS

• 20,000+ LOCATIONS IN 48 STATES

• $40.6 BILLION NET SALES FY 2024

Investment Highlights

  • EARLY LEASE EXTENSION | 8+ YEARS REMAINING
  • LOW RENT AND PRICE POINT
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • DOWNTOWN MAYODAN, NC LOCATION
  • NEARBY TENANTS: WALMART, LOWE'S, AUTOZONE, FOOD LION, TRACTOR SUPPLY AND MORE
  • GOOD DEMOGRAPHICS FOR DOLLAR GENERAL | 13,000+ IN 5-MILE RADIUS

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Discount

Dollar General | 8+ Years | Early Extended

Listing Price: $1,053,000

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$8.96

Investment Highlights

  • EARLY LEASE EXTENSION | 8+ YEARS REMAINING
  • LOW RENT AND PRICE POINT
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • DOWNTOWN MAYODAN, NC LOCATION
  • NEARBY TENANTS: WALMART, LOWE'S, AUTOZONE, FOOD LION, TRACTOR SUPPLY AND MORE
  • GOOD DEMOGRAPHICS FOR DOLLAR GENERAL | 13,000+ IN 5-MILE RADIUS

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 20,000+ LOCATIONS IN 48 STATES • $40.6 BILLION NET SALES FY 2024

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

MM Texture Background
MM Textured Background Lower