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Dollar General PLUS | Upgraded Construction

2379 US-70, Morganton, NC 28655

Listing Price: $1,795,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
11.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.56

Investment Overview

DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE

• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S

• 20,000+ LOCATIONS IN 48 STATES

• $42.7 BILLION NET SALES FISCAL YEAR 2025

Investment Highlights

  • NEWER 2022 CONSTRUCTION | 11+ YEARS REMAINING
  • 10% RENTAL INCREASES EACH RENEWAL OPTION
  • TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
  • 60,000+ POPULATION IN 10-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

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Discount

Dollar General PLUS | Upgraded Construction

Listing Price: $1,795,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
11.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.56

Investment Highlights

  • NEWER 2022 CONSTRUCTION | 11+ YEARS REMAINING
  • 10% RENTAL INCREASES EACH RENEWAL OPTION
  • TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
  • 60,000+ POPULATION IN 10-MILE RADIUS

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S • 20,000+ LOCATIONS IN 48 STATES • $42.7 BILLION NET SALES FISCAL YEAR 2025

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

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

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