Dollar General Plus 138 Ledford St 10,640 SF Retail Building Murphy, NC 28906 $2,524,190 ($237.24/SF) 6.30% Cap Rate

Fortis Net Lease is pleased to present this 2026 BTS, 10,640 SF. Dollar General Plus store located in Murphy, North Carolina. The property offers a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently under construction and on track for rent start & opening in April 2026.
This Dollar General is highly visible as it is strategically positioned on the corner of Ledford Street & Highway 74 seeing 20,177 cars per day. The site is surrounded by residential homes & local businesses making it a convenient stop for the area. The 10 mile population from the site is 27,944 while the 3 mile average household income is $63,765 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 10 mile population growth rate at 9.60%! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.30% cap rate based on NOI of $159,024.
Instate Broker of Record: Bang Realty | Brian Brockman