Dollar General

Dollar General

125 Liberty Rd.
Gold Hill, NC

Price: $1,576,000
Cap: 6.40%
NOI: $100,848
Building Size: 9,100 SF
Lot Size: 2.55 AC

Investment Highlights

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
• B
rand 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.

Don McMinn
OFFERING MEMORANDUM

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