Property Highlights
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.
- 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)