Listed by Stonecliff
$2,418,576
Dollar General Market
Details
Property Type Retail
Sub Type Storefront
Square Footage 10,640
Units 1
Cap Rate 6.35%
NOI $153,579
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/29/2040
Remaining Term 14.1
Rent Bumps Yes
Lease Options 5, 5 year options
Price per SqFt $227
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Acreage 2.430
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/30/2025
Ground Lease No
Ownership Fee Simple
Absolute Net Lease | Charlotte, NC MSA
Investment highlights
Investment Grade Tenant
- NYSE:DG
- Credit Ratings: Moody’s Baa2, S&P BBB
High-Growth Retailer
- Expanding aggressively with over 450 new locations planned for 2026
Experienced & Established Brand
- Operates 20,000+ locations nationwide
Strong Financials
- Corporate-backed lease with 2025 annual revenue of $40.61 billion (USD)
Long-Term Stability
- New 14+ lease term | Absolute NNN
- Lease: Zero landlord responsibilities
Attractive Rent Growth
- Scheduled 5% increases every 5 years
NC Coastal Region Connector
- 28 million annual visitors
Convenient Access
- Easy ingress and egress to the site
Located on US Highway 52 S
- 4,100 vehicles per day
Easy Connectivity
- Close proximity to US Highway 74 (31,000 vehicles per day)
- Situated within the Charlotte, NC (Metropolitan Statistical Area) | Population of 2.8 million (2023 est.)
- 11 minutes from downtown Wadesboro, NC | (Population: 4,935)
- 27 minutes from Pee Dee National Wildlife Refuge (8,400+ acre recreational preserve)
- 51 minutes from Pinehurst, NC, home to 40+ golf courses
- 1 hour 11 minutes from Uptown Charlotte, NC (Population: 911,311, 2023 est.)
Listing Contacts
Listed by Stonecliff
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$153,579.00
$12,798.25/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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