BRAND NEW CONSTRUCTION STORE • Brand new 9,100 SF build-to-suit Dollar General in Gold Hill, NC. • This store is currently under construction and scheduled for delivery in June 2019.
CHARLOTTE MSA • Gold Hill is in Rowan County, which is part of the Charlotte MSA. • Charlotte is the largest city in NC and the 4th largest city in the Southeast (pop. 2,525,305). • Six Fortune 500 companies are headquartered in Charlotte. • Home to the Carolina Panthers, Charlotte Hornets, NASCAR Hall of Fame, Charlotte Motor Speedway, and the U.S. National Whitewater Center.
POPULAR CHARLOTTE GETAWAY DESTINATION • Located just 45 miles outside of Charlotte, Gold Hill is a popular choice for weddings, seasonal festivals, hiking and family outings. • Gold Hill is home to many historic parks and other scenic venues, including the award-winning Morgan Ridge Vineyard and Brewhouse.
LONG TERM CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed lease with Dollar General. • Tenant is 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 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 and currently holds an investment grade credit rating of BBB with S&P. • Currently over 15,000 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for 79 years and has a current net worth of over $6B.