Dollar General
Single-Tenant Offerings
Dollar General
Industrial Park Dr. & NC Highway 58
Trenton, NC
- Price:
- $1,625,000
- Cap Rate:
- 6.15%
- NOI:
- $99,936
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2023
- Lot Size:
- 1.51 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities\
- 10% Rental Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally As An Essential Retailer for Daily Shopping Needs
- Brand New Upgraded Construction with Brick Façade on an Oversized Parcel
- Situated in the New Bern MSA with Over 30,000 Residents
- Strategic Location, Closest Dollar General Store is Approximately 10 Miles Away
- Down the Street from Lenoir Community College - Jones County Campus
- Close Proximity to Multiple K-12 Schools with Over 1,000 Students
- Just North of Hofmann Forest , the Largest Forest Laboratory in the U.S. Used for Research by NC State University
- Northwest of Croatan National Forest with Approximately 2.1+ Million Visitors Annually
- Tourism Expenditures in Eastern North Carolina Exceed $3.95 Billion
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