NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF build-to-suit Dollar General in Winston-Salem, NC. • This store has upgraded construction featuring a full masonry façade and is scheduled for delivery February 2020.
SUPERIOR DEMOGRAPHICS • The 5-mile population of this location is 99,358 with 9.33% growth, which is superior to most Dollar General locations.
WINSTON-SALEM • Winston-Salem is the fifth largest city in the state of North Carolina. • Winston-Salem is home to the corporate headquarters of BB&T, HanesBrands, Inc., Krispy Kreme Doughnuts, Inc., Lowes Foods Stores, and many more. • Winston-Salem is also home to 6 colleges and universities including Wake Forest University. • Medical research is a fast-growing local industry, and Wake Forest Baptist Medical Center is the largest employer in Winston-Salem.
HOME TO WAKE FOREST UNIVERSITY • Winston-Salem is home to Wake Forest University which currently enrolls 7,669 students and ranks in the top 30 for National Universities across the country.
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 16,000 locations in 45 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.