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Dollar General | Fayetteville MSA

954 Maynard Lake Rd, Erwin, NC 28339

Listing Price: $2,346,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.33

Investment Overview

FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY
• This Dollar General is located in Erwin, NC, within the Fayetteville MSA, a market of approximately 395,000 residents anchored by Fort Bragg, one of the largest military installations in the United States.
• Fort Bragg supports tens of thousands of active-duty military personnel, civilian employees, contractors, and military families throughout the region.
• The Fayetteville economy is further supported by healthcare, manufacturing, logistics, construction, and government employment.
• Major employers in the market include Cape Fear Valley Health System, Amazon, Goodyear, Walmart, MANN+HUMMEL, and The Campbell’s Company.

2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS
• The subject property is located on a 2.47-acre corner parcel at the intersection of NC Highway 55 and Maynard Lake Road, the main highway serving Erwin and the surrounding trade area.
• The property benefits from approximately 6,200 vehicles per day along NC Highway 55 and two points of ingress and egress, providing convenient customer access.

ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE
• This Dollar General is located in Erwin, North Carolina, approximately 27 miles north of Fayetteville and 32 miles south of Raleigh.
• The site benefits from proximity to US Highway 421, US Highway 301, and Interstate 95, major corridors connecting Erwin to regional employment centers and larger retail hubs.
• The property serves a broad rural trade area with limited national retail presence, driving reliable demand for essential, value-oriented goods.

NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property features a new 15-year corporate guaranteed lease with 5% rental increases every five years in the initial lease and options.
• Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot.
• This is a true NNN lease with no landlord responsibilities or expenses.
• This Dollar General was recently constructed, with rent commencing in February 2026.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.
• Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

Investment Highlights

  • FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY
  • 2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS
  • ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE
  • NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
  • INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Discount

Dollar General | Fayetteville MSA

Listing Price: $2,346,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.33

Investment Highlights

  • FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY
  • 2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS
  • ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE
  • NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
  • INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS

Investment Overview

FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY • This Dollar General is located in Erwin, NC, within the Fayetteville MSA, a market of approximately 395,000 residents anchored by Fort Bragg, one of the largest military installations in the United States. • Fort Bragg supports tens of thousands of active-duty military personnel, civilian employees, contractors, and military families throughout the region. • The Fayetteville economy is further supported by healthcare, manufacturing, logistics, construction, and government employment. • Major employers in the market include Cape Fear Valley Health System, Amazon, Goodyear, Walmart, MANN+HUMMEL, and The Campbell’s Company. 2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS • The subject property is located on a 2.47-acre corner parcel at the intersection of NC Highway 55 and Maynard Lake Road, the main highway serving Erwin and the surrounding trade area. • The property benefits from approximately 6,200 vehicles per day along NC Highway 55 and two points of ingress and egress, providing convenient customer access. ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE • This Dollar General is located in Erwin, North Carolina, approximately 27 miles north of Fayetteville and 32 miles south of Raleigh. • The site benefits from proximity to US Highway 421, US Highway 301, and Interstate 95, major corridors connecting Erwin to regional employment centers and larger retail hubs. • The property serves a broad rural trade area with limited national retail presence, driving reliable demand for essential, value-oriented goods. NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property features a new 15-year corporate guaranteed lease with 5% rental increases every five years in the initial lease and options. • Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot. • This is a true NNN lease with no landlord responsibilities or expenses. • This Dollar General was recently constructed, with rent commencing in February 2026. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026. • Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

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