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Dollar General Plus S Main St 10,640 SF Retail Building Winston-Salem, NC 27127 $2,674,205 ($251.34/SF) 6.35% Cap Rate



INVESTMENT HIGHLIGHTS
- 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
- 2025 BTS Construction | Plus Size Footprint | 9.21 Acres
- Five Mile Population 126,251 | Expected 4.46%
- 5% Rent Increases Every 5 Years | Now Open!
- 5 Mile Consumer Spending $1.3 Billion!
- S Main Street Sees 7,585 VPD & Easy Access to I-285 (63,865 VPD)
EXECUTIVE SUMMARY
Fortis Net Lease is pleased to present this 2025 BTS, 10,640 SF. Dollar General Plus store located in Winston-Salem, 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 has completed construction and successfully opened for business in August 2025.
This Dollar General is highly visible as it is strategically positioned on S Main Street seeing 7,585 cars per day, with quick and easy access to I-285 seeing 63,865 cars per
day. The site is surrounded by residential homes making it a convenient stop for the area. The five mile population from the site is 126,251 while the one mile average household income is $58,294 per year, making this location ideal for a Dollar General. The 5 mile consumer spends is a huge $1.3 Billion! 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 6.35% cap rate based on NOI of $169,812.
lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in August 2025.
This Dollar General is highly visible as it is strategically positioned on S Main Street seeing 7,585 cars per day, with quick and easy access to I-285 seeing 63,865 cars per
day. The site is surrounded by residential homes making it a convenient stop for the area. The five mile population from the site is 126,251 while the one mile average household income is $58,294 per year, making this location ideal for a Dollar General. The 5 mile consumer spends is a huge $1.3 Billion! 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 6.35% cap rate based on NOI of $169,812.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$2,674,205
Price Per SF
$251.34
Cap Rate
6.35%
NOI
$169,812
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
9.58 AC
Zoning
C1 - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6833-26-3035 | Improvements Assessment | $301,300 |
| Land Assessment | $263,500 | Total Assessment | $564,800 |
PROPERTY TAXES
Parcel Number
6833-26-3035
Land Assessment
$263,500
Improvements Assessment
$301,300
Total Assessment
$564,800
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Dollar General Plus | S Main St
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