Dollar General Market

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to present the opportunity to acquire the fee simple ownership interest in the brand new Dollar General Market property located at 29725 Nelson Mountain Rd in Albemarle, NC (“Property”).​ The Property comprises a 10,640 square foot building on 1.99 acres of land.​ The Property is projected to finish construction in September 2024 and features upgraded brick and Hardie plank construction, offering higher quality than the traditional metal exterior model.​

The Property is subject to a long-term NNN lease which is guaranteed by Dollar General Corporation (“Tenant”), the largest discount retailer in the United States with over 19,294 locations in 47 U.​S.​ states and Mexico.​ Dollar General carries an investment grade credit rating of BBB/Stable by S&P Global Ratings.​ The Property is situated at the intersection of Nelson Mountain Rd and NC-73, providing ease of sight and access.​

Long-Term Lease with New Rental Escalations

Investment Grade Corporate Guaranty (S&P: BBB/Stable)

Clear Visibility & Access

Brand-New Build-to-Suit Construction

Passive NNN Lease

Growing Market