Dollar General NNN Property For Sale — Julian, NC
5726 Bulb Rd, Julian, NC 27283
This brand new Dollar General property offers an attractive investment opportunity in Julian, North Carolina. The tenant operates under a 15-year Absolute NNN lease, providing a passive investment with no landlord responsibilities. Dollar General is an investment-grade credit tenant (S&P: "BBB") and is ranked #111 on the Fortune 500. The property benefits from its strategic location, directly across from the new $14 billion Toyota Battery Manufacturing Campus, which is expected to bring over 5,100 employees to the area. This location serves a growing suburban population of over 24,000 residents, with average household incomes exceeding $89,700 within a 5-mile radius. The new construction sits on an oversized lot of 2.34+/- acres. Dollar General is the nation's largest retailer with over 2…
- Address: 5726 Bulb Rd, Julian, NC 27283
- Asking price $2.71M
- 6.50% cap rate
- NOI $176,150
- 14.9 years remaining
- NNN lease
- Building size: 10,640 SF
- Lot size: 2.34 acres
- Rent increases: 5% rental increases every 5 years in base term and options
- Guarantor: Corporate
Location
This Dollar General property is at 5726 Bulb Rd in Julian, North Carolina.
Asset type: Discount