Dollar General NNN Property For Sale — Reidsville, NC
TBD NC 87, Reidsville, NC 27320
A newly constructed Dollar General in Reidsville, NC operates under a 15-year, corporate-guaranteed NNN lease, featuring 5% rent increases every five years in the initial term and during option periods. The tenant bears full responsibility for all property expenses, including parking lot maintenance, taxes, insurance, roof, and structural elements. Positioned within the expansive Piedmont Triad MSA, a major manufacturing and transportation hub in the southeastern U.S. with a population exceeding 1.6 million, the property benefits from a robust economic environment. Dollar General, an investment-grade tenant (S&P: BBB) with over 21,000 locations, demonstrates strong financial health and ongoing expansion. Rent is scheduled to commence in September 2025.
- Address: TBD NC 87, Reidsville, NC 27320
- Asking price $2.54M
- 6.50% cap rate
- NOI $165,295
- 14.6 years remaining
- NNN lease
- Year built: 2025
- Building size: 10,640 SF
- Lease expiration: Sep 30, 2040
- Rent increases: 5% every 5 years
- Guarantor: Corporate
Location
This Dollar General property is at TBD NC 87 in Reidsville, North Carolina.
Asset type: Retail