Property History
****** PLEASE READ BELOW *******
[ $ 628,000 offer only; if inspecting, 15 calendar days; No nego. after inspex; Estoppel t/a is 25 bus. days; seller doesn’t have to sell; Updated Jan 31, 2025. If you’re a residential broker, please call first.]
DG # 7052 with a 10 yr. NN corp. guaranteed lease, extended to 2029, has (2) five-year options with 10 % rental
increases.
Dollar General (NYSE: DG; S&P – BBB; Fortune # 104) has over 21,000 locations in 48 states, boasting a $ 15.8B
market cap. (2024)
Store located in the epicenter (1 off Circle K) of Vass’ city limits. [US # 1 N. (BUS) @ Main St. (NC # 690)]
Over 63 % of area households earn < $ 74,000 / yr. making this location ideal for a discount store outlet.
Recent (Jan ‘24) renewal extension shows tenant is committed to this location for the exceedingly long run.
Over 25,500 consumers live within 5 miles of store, having a population growth of 11 % since 2019; 20,300
employees live within 5 miles of store (CREXi)
In Dec ‘24, this store had 6500 visits / 4400 visitors, staying an average of 13 mins. / visit. (VF = 1.48) [Placer a.i.]
Exposure to over 6000 AADT’s at the intersection of US # 1 (BUS.) and NC # 690 (Main St.) [NCDOT]
Excellent for a 1031 tax deferred exchange replacement property or for a self-funded acquisition preserving a
long-term stable income stream.
An E-commerce, economic recession, market crash, credit crisis and COVID proof investment capable of multi-generational income
DG # 7052 with a 10 yr. NN corp. guaranteed lease, extended to 2029, has (2) five-year options with 10 % rental
increases.
Dollar General (NYSE: DG; S&P – BBB; Fortune # 104) has over 20,000 locations in 48 states, boasting a $ 15.8B
market cap. (2024)
Store located in the epicenter (1 off Circle K) of Vass’ city limits. [US # 1 N. (BUS) @ Main St. (NC # 690)]
Over 63 % of area households earn < $ 74,000 / yr. making this location ideal for a discount store outlet.
Recent (Jan ‘24) renewal extension shows tenant is committed to this location for the exceedingly long run.
Over 25,500 consumers live within 5 miles of store, having a population growth of 11 % since 2019; 20,300
employees live within 5 miles of store (CREXi)
In Dec ‘24, this store had 6500 visits / 4400 visitors, staying an average of 13 mins. / visit. (VF = 1.48) [Placer a.i.]
Exposure to over 6000 AADT’s at the intersection of US # 1 (BUS.) and NC # 690 (Main St.) [NCDOT]
Excellent for a 1031 tax deferred exchange replacement property or for a self-funded acquisition preserving a
long-term stable income stream.
An E-commerce, economic recession, market crash, credit crisis and COVID proof investment capable of multi-generational
income
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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