704 East Blvd, Williamston, NC 27892

STRONG TENANT

Dollar General Corporation (NYSE: DG, S&P: BBB) is the nation’s largest small-box discount retailer. The Goodlettsville, Tennessee-based chain has 20,500+ stores across 48 states and Mexico and employs over 185,000 people. The tenant under the lease—Dolgencorp, LLC—is a wholly-owned subsidiary of Dollar General Corporation. Dollar General reported TTM net sales of $40.2 billion, TTM net income of $1.34 billion, and total assets of $31.46 billion as of November 1, 2024.

NNN LEASE WITH CORPORATE GUARANTY

Dollar General’s NNN lease features a corporate guaranty from Dollar General Corporation and ±13.2 years of primary term remaining with a 5% rent increase every 5 years throughout the initial term and in each of the five, 5-year renewal options.

EXCELLENT ACCESS & VISIBILITY

Situated roughly 89 miles east of downtown Raleigh, Dollar General is located along East Boulevard (20,500 VPD), which intersects with US Highway 64 (7,500 VPD) a half mile south. The site is adjacent to Mama’s Pizza and Sherwin-Williams Paint Store and is directly across from Food Lion, AutoZone Auto Parts, Subway, and Speedway.

RETAIL & COMMERCIAL CORRIDOR

There is 1.1 MSF of retail within a 3-mile radius of the site. Major retailers in the surrounding area include Walmart, Piggly Wiggly, Belk, Farmers Home Furniture, Walker Hardware, Hibbett Sports, Tractor Supply Co., Bojangles, Wendy’s, McDonald’s, and Carolina Shine Car Wash, to name a few.

MARTIN COUNTY, NC

Martin County (Population: 21,115), nestled in the northeastern corner of North Carolina, is a county characterized by its agricultural heritage and close-knit communities. Known for its tobacco and farming traditions, the county is gradually diversifying its economy, though agriculture remains a significant contributor. Its landscape is a blend of rolling hills and fertile farmland, punctuated by small towns like Williamston, the county seat, and Hamilton. Martin County offers a slower pace of life, appealing to those seeking a quieter existence away from bustling urban centers, while still maintaining access to larger cities like Greenville and Washington.