Dollar General
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Investment Offering

Tenant: Dollar General
Premises: 9,100 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 10/31/2032
Lease Type: Absolute NNN
Rental Increases: 10% at Each Option

 

  • Upgraded Construction with Façade Improvements
  • New 15 Year Absolute Triple Net (NNN) Lease
  • Delivery Scheduled for 10/2/2017
  • Corporate Guarantee from Investment Grade Tenant
  • (NYSE: DG) Recently Upgraded to BBB Credit Rating
  • Located 4.5-Miles Off 321 Connecting I-40 in Hickory and I-85 in Gastonia
  • 1-Mile From The Indian Creek Industrial Park, a 270-Acre Master Planned Manufacturing & Distribution Park Tenants Include Bosh, Packaging Unlimited, CNC, FMS, G&W and Tenowo Nonwovens
  • AADT of 9,100 on NC-150 & SR-1407
  • Traffic Count Has Continued to Increase as Nearby Industrial Employers Expand
  • Large 2 Acre Lot with Excellent Visibility
  • Limited Competition with Closest Other Dollar Store 3.5-Miles Away

In Cooperation with JDS Real Estate Services, Inc., Lic # 281180

Tenant Overview

Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operated 14,000 stores in 44 states as of August 19, 2017. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Area Overview

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