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912 Vicksboro RdHenderson, NC 27537
Dollar General | Henderson, NC | 6.70% Cap
Asset ClassRetail
Cap Rate6.7%
Dollar General | Henderson, NC | 6.70% Cap
overview of deal

Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Dollar General| Henderson, NC. The newly delivered building has signed a 15-year lease with Dollar General (Corporate). The Asset is located on at the intersection of Vicksboro Rd and Rock Mill Rd.

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Investment Highlights

STRONG CORPORATE GUARANTY

  • Dollar General was ranked #91 on the Fortune 500 2021 list | Over 19K locations in 46 states | 75% of Americans live within 5 minutes of a Dollar General

STRONG LEASE FUNDAMENTALS

  • Absolute NNN lease provides landlord zero responsibilities | 10% rental increases during option periods

NEW CONSTRUCTION

  • Built with Dollar General’s most upgraded prototype and will be transferred to new ownership with warranties in place

STRATEGICALLY LOCATED

  • Subject Site fronts Vicksboro Rd, which is a main commuter corridor to Highway 1 (~1 Mile | 12k AADT) | Across the street from Carey Chapel Village (61 Homes) | Down the road from Garden Gate Villas, a senior living complex.

TRADE MARKET NEED

  • Competing Dollar Tree (located less ~1.3 miles away) is ranked in the top 83rd percentile of all Dollar Tree’s in North Carolina (Placer.ai)
912 Vicksboro RdHenderson, NC 27537

Sales Team

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Listing provided by Revere CRE