Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a Dollar General in Supply, NC.
Investment Highlights
Desirable Lease Term: 10.5-Year remaining lease term with 10% rent increases every 5 years during the option periods
Minimal Landlord Responsibilities: Absolute NNN lease with ZERO landlord responsibilities
Corporate Dollar General Lease: Over 18,800 locations in 47 states with revenues in excess of $34.2 billion and a $57.90 Billion market cap
Investment Grade Tenant: Dollar General holds an S&P BBB credit rating
High Traffic Counts: The property is located directly on the heavily trafficked Southport Supply Rd (19,500 VPD) and is only one intersection from Hwy 17 (35,500 VPD)
Attractive DG Demographics: Population density of 37,953 and average household incomes of $89,391 within a 10 mile radius
Booming Greater Markets: Myrtle Beach was named the Fastest-Growing Place in the U.S. by U.S. News & World Report and Wilmington was named one of the South’s Best Cities on the Rise by Southern Living