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31700588
31700589

2 Locations

JL
NC NC 254301
eXp Commercial
Listed by eXp Commercial
Unpriced
56 days on market
Updated 56 days ago

TWO Dollar Generals

Details
APN 03004058
Property Type Retail
Sub Type Grocery Store, Neighborhood general store
Square Footage 16,983
Net Rentable (SqFt) 9,173
Units 1
Cap Rate 6.25%
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 5
Lease Expiration 11/30/2031
Remaining Term 5.5
Rent Bumps Yes
Lease Options Yes
Class B
Year Built 2011
Stories 1
Acreage 2.600
Zoning Commercial
Investment Type Institutional
Tenant Credit Credit Rated
Lease Commencement 12/01/2026
Occupancy Date 02/28/2011
Ground Lease No
Sale Condition N/A

Billions in total sales!

Marketing description

NNN Investment Opportunity

Offering a compelling 2-property Dollar General NNN investment portfolio. Available individually or as a package at a 6.25% cap rate.

Both assets are corporate guaranteed, absolute NNN leases, providing truly passive ownership. Tenant responsibilities: taxes, insurance and maintenance.

Dollar General 201 S. Church St., Kenly, NC 27542

Positioned along US 301 near I-95. Strong local traffic counts and proximity to national and regional retailers including Food Lion, McDonald’s, O’Reilly Auto Parts, Circle K and more.

  • 9,173 sf building on 1.28 acres
  • NOI $82,914.96
  • Lease term through 11/30/2031, with 4 5-year options to renew

Dollar General 559 E. Raleigh Blvd, Rocky Mount, NC 27801

Located in a larger regional trade area, surrounded by dense amenities, major employers, healthcare, education, and commuter traffic.

  • 7,780 sf building on 1.32 acres
  • NOI $87,251.40
  • Lease term through 9/30/2021, with 4 5-year options to renew

Dollar General is the country's largest small-box discount retailer surpassing $40 billion in net sales for fiscal year 2025.

Backed by Dollar General’s investment grade profile and national brand strength, this portfolio offers stable cash flow, passive management, and long-term retail real estate security.

Call today: Tyler Mills 919-704-0101, Jacqueline Lippard 919-427-5663, Nash Patton 803-622-1585

Investment highlights

The country's largest small-box discount retailer!

Offered at 6.25% Cap Rate

Purchase individually or together

5+ years lease term remaining, 4 extensions at 5 years each

Investment Grade Credit

Listing Contacts

JL
NC NC 254301
eXp Commercial
Listed by eXp Commercial

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Additional Information

Name
Jacqueline Lippard
License
NC 254301
Brokerage Phone
919-427-5663
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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