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33683800
33683799

954 Maynard Lake Road, Erwin, NC 28339

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$2,346,000
0 days on market
Updated 0 days ago

Dollar General | Fayetteville MSA

Details
Property Type Retail
Sub Type Convenience Store, Discount (+1)
Square Footage 10,640
Cap Rate 6.50%
NOI $152,484
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 15
Lease Expiration 02/01/2041
Remaining Term 15
Rent Bumps Yes
Year Built 2026
Acreage 2.470
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2026
Ground Lease No

Corner Lot Near Retail Corridor

Investment highlights

FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY

• This Dollar General is located in Erwin, NC, within the Fayetteville MSA, a market of approximately 395,000 residents anchored by Fort Bragg,

one of the largest military installations in the United States.

• Fort Bragg supports tens of thousands of active-duty military personnel, civilian employees, contractors, and military families throughout the region.

• The Fayetteville economy is further supported by healthcare, manufacturing, logistics, construction, and government employment.

• Major employers in the market include Cape Fear Valley Health System, Amazon, Goodyear, Walmart, MANN+HUMMEL, and The Campbell’s Company.

2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS

• The subject property is located on a 2.47-acre corner parcel at the intersection of NC Highway 55 and Maynard Lake Road, the main highway serving

Erwin and the surrounding trade area.

• The property benefits from approximately 6,200 vehicles per day along NC Highway 55 and two points of ingress and egress, providing convenient

customer access.

ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE

• This Dollar General is located in Erwin, North Carolina, approximately 27 miles north of Fayetteville and 32 miles south of Raleigh.

• The site benefits from proximity to US Highway 421, US Highway 301, and Interstate 95, major corridors connecting Erwin to regional employment

centers and larger retail hubs.

• The property serves a broad rural trade area with limited national retail presence, driving reliable demand for essential,

value-oriented goods.

NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM

• The subject property features a new 15-year corporate guaranteed lease with 5% rental increases every five years in the initial lease and options.

• Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot.

• This is a true NNN lease with no landlord responsibilities or expenses.

• This Dollar General was recently constructed, with rent commencing in February 2026.

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.

• The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.

• Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

Listing Contacts

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

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,484.00
$12,707.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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