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30102781
30102782

2375 NC-87, Reidsville, NC 27320

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$2,543,000
113 days on market
Updated 19 days ago
Opportunity zone

Dollar General | Piedmont Triad MSA

Details
Property Type Retail
Sub Type Discount, Dollar General (+1)
Square Footage 10,640
Cap Rate 6.5%
NOI $165,288
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2025
Acreage 2.040
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Retail | 6.50% CAP | 10,640 SqFt

Investment highlights

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

PIEDMONT TRIAD MSA
• This Dollar General is located 30 minutes north of downtown Greensboro and the Piedmont Triad.
• The Triad is known as one of the primary manufacturing and transportation hubs of the southeastern U.S., including Greensboro, Winston-Salem, and High Point, NC.
• The Piedmont Triad’s estimated population is 1,611,243, making it the 33rd-largest combined statistical area in the United States.
• There are more than 20 colleges and universities within the Triad, including Wake Forest University, Elon University, and High Point University. These schools have a combined student count of 20,000.
• Notable companies headquartered in Greensboro include: Honda Aircraft Company, Lorillard Tobacco Company, Mack Trucks, Volvo Trucks of North America, The Fresh Market, Cook Out, Columbia Forest Products, and many more.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $
18.16B.

2025 UPGRADED CONSTRUCTION DOLLAR GENERAL
• New 10,640 SF upgraded construction Dollar General located in Reidsville, NC.
• This store is open and rent commenced in September 2025.

Listing Contacts

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$165,288.00
$13,774.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Zoning

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RP ResidentialTwo FamilyResidential Protected
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Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Charles Gallagher
License
NC 351471
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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