PREMIUM TENANT & LEASE STRUCTURE

10 years remaining on an original 15-year absolute triple-net lease that features zero landlord responsibilities and five 5-year renewal options. Dollar General Corporation guarantees the lease and the current annual base rent of $109,392. Dollar General (NYSE: DG) operates 20,523 stores across 47 states with over $40B in annual net sales, and added 537 new locations as of Q3 2024.

TRAFFIC & ACCESSIBILITY

Located along I-85 corridor with 54,236 vehicles per day and US Highway 64 with 13,000 vehicles per day. Property has direct frontage on County School Road connecting to US-64, providing excellent regional accessibility and visibility for both local and through traffic.

STABLE MARKET FUNDAMENTALS

South Davidson County submarket demonstrates stability with 1.7% vacancy rate, outperforming market average of 2.7%. Average market rents have grown 3.4% year-over-year to $12.43/SF with limited competition in 15-mile radius.

DEMOGRAPHICS & POPULATION

Trade area shows steady growth with 5.55% projected 5-year population increases within 3-miles. Current population of 11,130 residents within 3 miles and 36,426 within 5 miles. Average household income of $58,542 within 3 miles aligns with Dollar General’s target demographic.

TENANT/BRAND PERFORMANCE

Store demonstrates strong metrics with 125,200 annual visits, 12-minute average dwell time, and 5.05 visits per customer. Location captures 70% of visits from within 5 miles.

BUILDING & SITE FEATURES

Modern 9,195 SF building constructed in 2020 on a large 4.4-acre site with 30 parking spaces. Property features excellent visibility, strategic corner location, and efficient site layout with modern building systems.