Strong Corporate Guaranty
- Dollar General was ranked #91 on the Fortune 500 2021 list
- Over 19K locations in 46 states
- 75% of Americans live within 5 minutes of a Dollar General
Strong Lease Fundamentals
- Absolute NNN lease provides landlord zero responsibilities
- 10% rental increases during option periods
New Construction
- Built with Dollar General’s most upgraded prototype and will be transferred to new ownership with warranties in place
Strategically Located
- Subject site fronts Vicksboro Rd, which is a main commuter corridor to Highway 1 (~1 Mile | 12K AADT)
- Across the street form Carey Chapel Village (61 Homes)
- Down the road form Garden Gate Villas, a senior living complex
Trade Market Need
- Competing Dollar Tree (located ~1.3 miles away) is ranked in the top 83rd percentile of all Dollar Tree’s in NC (Placer.ai)