NEW UPGRADED BUILD-TO-SUIT DOLLAR GENERAL • Brand new Build-to-Suit Dollar General located in Mocksville (Winston-Salem MSA), NC. • This store is 9,100 SF with 2-sided upgraded construction and is opening in July 2021.
WINSTON-SALEM MSA • This Dollar General is located on I-40 (39,500 VPD) 20 miles Southwest of downtown Winston-Salem and is part of the Winston-Salem MSA. • Winston-Salem is the second largest municipality in the Piedmont Triad region and the fifth most populous city in North Carolina with a population of 247,945. • The Triad is known as one of the primary manufacturing and transportation hubs of the southeastern U.S. and includes Greensboro, Winston-Salem and Highpoint, NC. • Winston-Salem is home to the corporate headquarters of BB&T, HanesBrands, Inc., Krispy Kreme, Lowes Food Stores, and many more. • Winston-Salem is home to 6 colleges and universities including Wake Forest University (8,789 Students) which ranks in the top 30 for national universities. • Medical research is a fast-growing local industry, and Wake Forest Baptist Medical Center is the largest employer in Winston-Salem. • Home to Smith Reynolds Airport that supports an average of 117 aircraft operations per day and hosts the Winston-Salem Air Show which draws over 20,000 spectators.
AFFLUENT INTERSTATE LOCATION • This Dollar General sits off Interstate 40 (39,500 VPD), a major East-West interstate that runs through the South-Central portion of the U.S.. • The 5 Mile average household income of $77,429 is superior to most Dollar Generals. • National retailers in Mocksville include Lowe’s Home Improvement, Food Lion, Tractor Supply, AutoZone, Walgreens, McDonald’s and many more. • Davie County High School (1,759 Students) and North Davie Middle School (467 Students) are half a mile down the road from this Dollar General. • Mocksville is the county seat of Davie County.
NEW 15-YEAR CORPORATE NNN LEASE • Brand new 15-year Corporate Guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the four, 5-year option periods.
INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 17,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.