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
Broker of Record
-
Donald Gilchrist
First Vice President Investments
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
Broker of Record
-
Donald Gilchrist
First Vice President Investments

