NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF build-to-suit Dollar General in Lincolnton (Charlotte MSA), NC. • This store has upgraded construction and is 3 sided masonry façade. It is scheduled for delivery November 2019.
CHARLOTTE MSA • Lincolnton is the county seat of Lincoln County, located 29 miles NW of Charlotte and is part of the Charlotte MSA. • Charlotte is the largest city in North Carolina and the second largest in the southeast. • Charlotte consistently ranks as one of the top growing cities and is the home to more than 10 Fortune 1,000 companies, including Bank of America, Lowe’s and Wachovia Corp. • The city is also home to the Carolina Panthers, the Charlotte Hornets, the NASCAR Hall of Fame and the U.S. National Whitewater Center.
ATTRACTIVE RETAIL LOCATION • Well located on BUS-321 (13,500 VPD) and approximately 2 miles west of US 321 (36,500 VPD). • Surrounding retailers include Aldi, Goodwill, Bi-Lo, Tractor Supply, Ross, Lowe’s and more. • The 5-mile population of this location is 33,023.
LONG TERM CORPORATE ABSOLUTE NNN LEASE • Brand new, 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 10% rent increase in each of the four, 5-year option periods.
INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated. • Currently over 15,500 locations in 44 states with 975 new locations expected to be opened this year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.