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S Main St Winston Salem, NC 27127

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For Lease
$2,674,205

Newly constructed Dollar General Plus store in Winston-Salem, North Carolina.

Building Details

Year built
2025

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Listing Contact
Bryan Bender
Source: Fortisnetlease

Listing Agent: Bryan Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Dollar General Plus Store

This is a newly constructed Dollar General Plus store, completed in August 2025, located in Winston-Salem, North Carolina. The property features a Fifteen (15) Year Absolute NNN Lease, which assigns zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of “BBB”, classified as Investment Grade. The store is strategically positioned on S Main Street, benefiting from high visibility with 7,585 cars per day, and offers quick access to I-285, which sees 63,865 cars per day. Surrounded by residential homes, the location provides convenient access for the local community. The surrounding area has a five-mile population of 126,251 and a one-mile average household income of $58,294 per year. The consumer spending within a 5-mile radius is $1.3 Billion. The property is a suitable opportunity for a 1031 exchange buyer or a passive investor seeking fee simple ownership. The investment offers continued success due to the financial strength and proven profitability of Dollar General. The building has a plus size footprint of 10,640 square feet.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Similar Places Nearby

Marimar Super Market, B & S Supermarket

Map

City
Winston Salem
County
Forsyth
State
North Carolina
Longitude
-80.4460449
Latitude
35.8818942

FAQs

What type of property is this?
Grocery and convenience store - Newly constructed Dollar General Plus store in Winston-Salem, North Carolina.
Where is this grocery and convenience store located?
The property is located at S Main St Winston Salem, NC.
What are key features of this property?
This property features: - Brand new 2025 build-to-suit Dollar General Plus store with a 15-year absolute NNN lease.; - Corporate guaranty from Dollar General Corporation, an investment-grade tenant with a 'BBB' credit rating.; - Attractive 6.35% cap rate based on a net operating income (NOI) of $169,812.
More about this property
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