-Absolute NNN Dollar General w/No Landlord Responsibilities: Absolute NNN Dollar General w/ Zero Landlord Responsibilities Located on a Heavily Trafficked Section of North Carolina Highway 33 (4,000 Vehicles Per Day (VPD)) in Blounts Creek, Beaufort County, NC.
-Adjacent to Largest Employer in Beaufort County, NC: Strategically Located Just Minutes from the Nutrien Aurora Phosphate Mine, Beaufort County’s Largest Employer and the Largest Phosphate Mining and Chemical Plant in the United States.
-Long 10-Year Lease w/Rent Increases in Options: Tenant Has Occupied the Site Since 2019 with +/- 10 Years on the Lease Base Term and Featuring Attractive Ten Percent Rent Increases In Each Option Making This an Ideal 1031 Exchange Asset.
-Very Limited Proximate Dollar Store Competition: Subject Property Faces Very Limited Dollar Store Competition with No Dollar Generals Within an 11 Mile Radius and No Family Dollars Within a 15-Mile Radius.
-Sound Dollar Store Demographics: Situated in an Area with Over 1,300 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $70,000.
-Corporate Guarantee: Lease Corporately Guaranteed by Dollar General, an American Chain of Variety Stores with Over 16,000 Locations Nationwide and an S&P Credit Rating of BBB.