Dollar General
Corporate Guaranteed Dollar General with 7.00% Cap Rate and Absolute NNN Lease
Investment highlights
• Passive Lease Structure – This is an Absolute NNN Lease, offering a hands-off investment opportunity that minimizes landlord responsibilities. The tenant is 100% responsible for all expenses, including taxes, insurance, and maintenance, resulting in a true passive ownership structure. This creates an optimal investment experience for both local and national investors.
• Corporate Guarantee – The lease is guaranteed by Dollar General Corporation, a Fortune 100 company and the largest dollar store retailer in the nation, with over 20,000 locations across 48 states. Dollar General carries BBB investment-grade long-term credit ratings from S&P's Global. This strong guarantee provides the landlord with a heightened sense of security.
• Strategic Location – Situated along NC Highway 86 just 5 miles south of Danville, VA (pop. ~42,000), the property serves as a key connector between Virginia and North Carolina, linking Chapel Hill, Hillsborough, Yanceyville, and Providence. The site sits within 45 miles of Greensboro, Winston-Salem, Burlington, and Durham, experiencing consistent traffic from both the surrounding Caswell County residential base and regional commuters.
• Recession-Resistant Tenant – Dollar General was classified as an essential retailer during the COVID-19 pandemic, highlighting the defensive, recession-resistant nature of its business model and consistent performance across economic cycles. This site serves as the only major discount retailer in the immediate Providence area and is a vital destination for everyday essentials to the surrounding community.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?








