Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
7319 NC 50 S, Benson, NC 27504
PROPERTY INFORMATION
Price:
$1,256,800
Cap Rate:
6.35%
Term Remaining:
15 Years
Status:
Closed
INVESTMENT SUMMARY
Fortis Net Lease is pleased to present this 9,014 SF Dollar General store located in
Benson, NC. The property is encumbered with a Fifteen (15) Year Absolute NNN
Lease, leaving zero landlord responsibilities. The lease contains Four(5) Yr. Options
to renew, each with a 10% rental rate increase. The lease is corporately guaranteed
by Dollar General Corporation which holds a credit rating of “BBB”, which
is classifi ed as Investment Grade. Construction recently completed, with the rent
having commenced in 10/2016.