Department Store
Popshelf
550 Yopp Rd, Jacksonville, NC 28540
Listing Price: $2,409,700
Investment Overview
A 10,542 SF single-tenant pOpshelf store of 2023 construction in Jacksonville, NC, with a 15-year absolute NNN lease guaranteed by Dollar General Corporation (NYSE: DG). The asset is an outparcel to a top-performing Walmart Supercenter (70th ercentile) and Lowe’s Home Improvement (60th percentile), serving Camp Lejeune and the broader Onslow County trade area.
Popshelf
Investment Highlights
- 2023 construction pOpshelf single-tenant net lease, full corporate guaranty from Dollar General Corp.
- 15-year absolute NNN lease; ~12.5 years of primary term remaining as of close.
- Five 5-year renewal options with ~10% bumps at each option period.
- Zero landlord responsibilities — tenant covers taxes, insurance, CAM, roof & structure.
- Outparcel to a top-performing Walmart Supercenter (70th percentile) and Lowe's (60th percentile).
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
Financing By
Listing Price: $2,409,700
Investment Highlights
- 2023 construction pOpshelf single-tenant net lease, full corporate guaranty from Dollar General Corp.
- 15-year absolute NNN lease; ~12.5 years of primary term remaining as of close.
- Five 5-year renewal options with ~10% bumps at each option period.
- Zero landlord responsibilities — tenant covers taxes, insurance, CAM, roof & structure.
- Outparcel to a top-performing Walmart Supercenter (70th percentile) and Lowe's (60th percentile).
Investment Overview
A 10,542 SF single-tenant pOpshelf store of 2023 construction in Jacksonville, NC, with a 15-year absolute NNN lease guaranteed by Dollar General Corporation (NYSE: DG). The asset is an outparcel to a top-performing Walmart Supercenter (70th ercentile) and Lowe’s Home Improvement (60th percentile), serving Camp Lejeune and the broader Onslow County trade area.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
Financing By
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