Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a brand new Dollar General in Lillington, NC.
Investment Highlights
Desirable Lease Terms: Brand new 15 year absolute NNN lease; Seller will offer 5% rent increases in years 6 & 11 during the initial term (contact Brokers for more information)
Minimal Landlord Responsibilities: Absolute NNN lease with ZERO landlord responsibilities
Brand New Construction: 2022 build-to-suit for Dollar General; Rent commencement 10/27/2022
High Quality Construction: 16 feet of brick on three sides with high end finishes
Corporate Dollar General Lease: Over 18,000 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