Dollar General Investment NNN Lease Dollar Store North Carolina

Investment Offering

Tenant: Dollar General | Mount Airy, NC
Premises: 9,026 SF
Renewal Options: 5 x 5 Years

Lease Expiration: 5/31/2030
Lease Type: NNN
Rental Increases: 10% at Options

Sands Investment Group is Pleased to Present Exclusively For Sale the Dollar General Investment Property Located at 2576 W Pine Street in Mount Airy, North Carolina.

Long-Term 10 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG); Dollar General Has Been Deemed an Essential Business
Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges; Read More Here
Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
Residents Are Making an Average Household Income of Over $60,748 Within a 5-Mile Radius
Property Sits Adjacent to the Coca-Cola Bottling Company and the North Surry High School Providing For Ample Foot Traffic
Mount Airy is the Birthplace and Hometown of Actor Andy Griffith; The Town Holds Annual “Mayberry Days” Each September and is Attended By 30,000 People and Believed to Bring in Over $5 Million in Revenue Each Year
Host to the Autumn Leaves Festival During the Second Weekend in October, Which Attracts Over 200,000 People to the City
Located at the Foothills of the Blue Ridge Mountains and About 14-Miles From the Blue Ridge Parkway

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362
BoR: Amar Goli – Lic. # 310575

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Tenant Overview

Dollar General Corporation (NASDQ: DG) was founded in 1939 and 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. 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. Dollar General operated 16,368 stores in 45 states as of February 28, 2020 with 16 different distribution centers. For fiscal 2018, Dollar General executed approximately 2,000 real estate projects comprised of 900 new stories, 1,000 store remodels and 100 store relocations. For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.

Area Overview