Listed by Atlantic Capital Partners
$2,318,000
Dollar General | Rowland, NC
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 10,566
Net Rentable (SqFt) 10,566
Cap Rate 6.65%
NOI $154,164
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2041
Remaining Term 14.8
Rent Bumps Yes
Lease Options 5 x 5-year options
Class A
Year Built 2026
Year Renovated 2026
Acreage 1.030
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/24/2026
Ground Lease No
6.65% CAP | NEW CONSTRUCTION 15YR LEASE w. Rental Bumps
Investment highlights
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
- The asset is structured under an Absolute NNN lease with no landlord obligations, providing investors with a truly passive income stream and one of the cleanest ownership structures in net lease real estate.
BRAND NEW 2026 CONSTRUCTION & 15-YEAR LEASE TERM
- Purpose-built in 2026 to Dollar General's current prototype, the property offers a brand new 15-year lease term from rent commencement with no deferred maintenance and limited near-term capital exposure. The asset provides a clean entry point for investors seeking new construction, long-term income, and minimal operational complexity.
INVESTMENT-GRADE CREDIT TENANCY
- Leased to Dollar General Corporation (NYSE: DG), one of the largest and most recognizable discount retailers in the United States. Dollar General operates more than 20,000 locations nationwide, generates more than $40 billion in annual revenue, and maintains an investment-grade BBB credit rating from S&P.
NECESSITY-BASED RETAILER | PERFORMANCE ACROSS ECONOMIC CYCLES
- Dollar General's business model is centered on everyday necessities, including food, beverages, household supplies, health and beauty products, and other consumable goods that drive frequent customer visits regardless of broader economic conditions. With approximately 80% of sales generated from non-discretionary merchandise categories, the company has historically demonstrated strong performance through multiple economic cycles as consumers increasingly prioritize value-oriented retailers during periods of inflation and economic uncertainty.
ROBESON COUNTY | CAPTIVE RURAL TRADE AREA
- Robeson County spans nearly 950 square miles with a dispersed population and limited retail alternatives across much of its rural geography. In markets like Rowland, Dollar General often functions as a primary daily-needs retail destination, capturing recurring trips from nearby residents who rely on accessible, value-oriented retail close to home.
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$154,164.00
$12,847.00/mo
Valuation Metrics
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DSCR
6.65%
Cap Rate
6.65%
ROI
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