4520 NC Highway 24 27 W
Mount Gilead, NC 27306
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to present for sale, a new construction, freestanding Dollar General in Mount Gilead, North Carolina. The 15-year lease is Triple-Net (NNN) in which the tenant is responsible for all expenses including roof and structure. The building is 9,100 square feet, with a brick facade, on 3.78+/- acres on with traffic counts of approximately 18,400 vehicles-per-day. Rent is expected to commence November 15, 2016. The lease features ten percent rental increases in each option period (5/5 year options). Dollar General is rated BBB (investment grade) by Standard & Poor' s, which allows investors to place attractive financing on the property if desired. Dollar General is publicly traded (NYSE: DG) and operates over 12,400 locations nationwide with a net worth of more than $4.0 Billion. The subject property is located approximately 45 miles east of Charlotte, 70 miles west of Fayetteville, and 35 miles west of Pinehurst. The property is located in between River Road and NC Highway 24/27 and has ingress/egress on both roads.