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Dollar General Storefront
For Sale
$2,375,000

277 Copeland School Rd, Dobson, NC 27017

New construction Dollar General on a true NNN lease with corporate guarantees and rent increases starting in 2026.

Property Size9,100 SF
Price / SF$260.99
Days on Market42

Property Features for 277 Copeland School Rd

General Information

Standard status Active
Size 9,100 SF
Property subtype Discount
Lease Type NNN

Additional Details

Cap Rate 6.5%
Traffic Count 6,600 vehicles/day

Amenities

NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
WINSTON SALEM – GREENSBORO – HIGH POINT MSA (PIEDMONT TRIAD)
POSITIONED AT AN INTERSECTION IN DOBSON, NC (COUNTY SEAT)
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATION

Building Details

Building Size 9,100 SF
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Don McMinn · License #License(s): GA: 292036
Source: Marcusmillichap
Added: Jul 22 Changed: Aug 25 Last Checked: Aug 31 at 12:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

The property is a new-construction Dollar General storefront offered for sale under a newly executed 15-year corporate guaranteed NNN lease. The lease structure is described as true NNN, with the tenant responsible for expenses including parking lot, taxes, insurance, roof, and structure. The initial lease provides 5% rent increases every five years, including within the options. Rent is scheduled to commence in June 2026.

The store is positioned at an intersection in Dobson, NC, at the corner of Highway 268 and Copeland School Road. Highway 268 is cited at approximately 6,600 vehicles per day, and Copeland School Road is cited at approximately 650 vehicles per day.

Dollar General is presented as the tenant, described as an investment-grade, publicly traded Fortune 500 company with more than 21,000 locations and a stated plan to open approximately 450 new stores in 2026.

Key Highlights

  • New 15‑year corporate guaranteed true NNN lease with 5% rent increases every 5 years in the initial term and options
  • Tenant is responsible for all expenses, including parking lot, taxes, insurance, roof, and structure
  • Rent scheduled to commence June 2026 for an in‑construction Dollar General

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Big Box & Wholesale Store Florist Restaurant Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6,600 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27017, NC

8,976
Population
4,187
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
80%
High-School Grad
108.4 sq mi
ZIP Area
83
Density / Sq Mi
$57,087
Median Household Income
$39,611
Median Earnings
$676
Median Rent
$138,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - New construction Dollar General on a true NNN lease with corporate guarantees and rent increases starting in 2026.
Where is this grocery and convenience store located?
The property is located at 277 Copeland School Rd Dobson, NC.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: New 15‑year corporate guaranteed true NNN lease with 5% rent increases every 5 years in the initial term and options; Tenant is responsible for all expenses, including parking lot, taxes, insurance, roof, and structure; Rent scheduled to commence June 2026 for an in‑construction Dollar General
More about this property
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