Skip to main content

Discount

Dollar General

19805 NC-27, Cameron, NC 28326

Listing Price: $1,248,000

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
9.6
Gross SF
9,000
Guarantor
Corporate Guarantee
Rentable SF
9,000
Price/Gross SF
$138.67
Lease Type
Double Net
Rent Per Square Feet
$8.87

Investment Overview

The subject property is a 2007 construction ±9,000 square foot Dollar General located in Cameron (Moore County), North Carolina. The building was originally constructed on a build-to-suit basis for Dollar General and has been in operation for fourteen years. Dollar General signed a ten-year double net lease and has demonstrated their commitment to the site by executing a brand-new ten year lease extension with four, five year options to extend. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $28 billion.

Investment Highlights

  • Brand New 10 Year Lease Extension and Built in 2007 - ±10 Years Remaining with Four, Five-Year Options to Extend
  • Strong Store Sales Reported - Rent-to-Sales Ratio Under 4.5%
  • Dollar General (NYSE: DG), a publicly traded company with An Investment Grade Credit Rating of "BBB" by Standard & Poor's, has a Market Cap of $49.5 Billion and an Annual Revenue North of $28 Billion
  • Centrally Located in the Heart of Cameron near the intersection of Highway 1 and Highway 27

Exclusively Listed By

Listing Price: $1,248,000

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
9.6
Gross SF
9,000
Guarantor
Corporate Guarantee
Rentable SF
9,000
Price/Gross SF
$138.67
Lease Type
Double Net
Rent Per Square Feet
$8.87

Investment Highlights

  • Brand New 10 Year Lease Extension and Built in 2007 - ±10 Years Remaining with Four, Five-Year Options to Extend
  • Strong Store Sales Reported - Rent-to-Sales Ratio Under 4.5%
  • Dollar General (NYSE: DG), a publicly traded company with An Investment Grade Credit Rating of "BBB" by Standard & Poor's, has a Market Cap of $49.5 Billion and an Annual Revenue North of $28 Billion
  • Centrally Located in the Heart of Cameron near the intersection of Highway 1 and Highway 27

Investment Overview

The subject property is a 2007 construction ±9,000 square foot Dollar General located in Cameron (Moore County), North Carolina. The building was originally constructed on a build-to-suit basis for Dollar General and has been in operation for fourteen years. Dollar General signed a ten-year double net lease and has demonstrated their commitment to the site by executing a brand-new ten year lease extension with four, five year options to extend. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $28 billion.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower