413 W Queen St, Edenton, NC 27932

Proven Long-Term Commitment – This Dollar General has been successfully operating at this location since 2003 and DG has exercised three lease extensions, demonstrating a strong, long-term commitment to the site.

Recent 5-Year Lease Extension – In a clear demonstration of continued success, Dollar General recently executed an additional five-year lease extension, reaffirming its ongoing dedication to this location. This renewal highlights the store’s strong sales history, consistent customer base, and strategic importance within Dollar General’s national portfolio.

Attractive Rental Growth – The lease features a 12% rental increase scheduled in the next renewal option, providing investors with built-in income growth and a hedge against inflation. This rental escalation enhances long-term yield and supports strong projected returns for future ownership periods.

Investment-Grade Tenant Security – Benefit from the security of a lease guaranteed by Dollar General, which holds an investment-grade credit rating of BBB (S&P) and boasts a substantial market capitalization of approximately $20 billion.

Essential Retailer – Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic and economic downturn.