Dollar General NNN
For Sale
Contact for pricing
Pending
3756 NC Hwy 87, Reidsville, NC 27320
Recently built retail facility occupied under a corporate-guaranteed NNN lease with scheduled rent escalations.
Property Size10,640 SF
Days on Market142
Property Features for 3756 NC Hwy 87
General Information
Standard status
Pending
Size
10,640 SF
Property subtype
Retail
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
Marcus & Millichap - Atlanta
(678) 808-2762
Listed By:
Don McMinn · License #GA 292036
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 8:28PM
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.
This Dollar General property in Reidsville, North Carolina, features 10,640 square feet of 2023 upgraded construction. The store is open, with rent commencing in May 2023. The corporate-guaranteed NNN lease has 14.5 years remaining on its original 15-year term, and the tenant is responsible for taxes, insurance, roof, and structure.
The property sits directly off NC Hwy 29 at NC Hwy 87, with reported traffic volumes of 25,000 vehicles per day on Hwy 29 and 7,500 vehicles per day on Hwy 87. It is approximately 20 minutes north of downtown Greensboro and within the Greensboro-High Point-Winston-Salem MSA. Five-year option periods include 10% rent increases, and the tenant is identified as a publicly traded Fortune 500 company with an S&P investment grade credit rating of BBB.
The property sits directly off NC Hwy 29 at NC Hwy 87, with reported traffic volumes of 25,000 vehicles per day on Hwy 29 and 7,500 vehicles per day on Hwy 87. It is approximately 20 minutes north of downtown Greensboro and within the Greensboro-High Point-Winston-Salem MSA. Five-year option periods include 10% rent increases, and the tenant is identified as a publicly traded Fortune 500 company with an S&P investment grade credit rating of BBB.
Key Highlights
- 10,640 SF Dollar General facility completed with 2023 upgraded construction
- 14.5 years remaining on a 15‑year corporate‑guaranteed NNN lease
- Tenant responsible for taxes, insurance, roof, and structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 27320, NC
37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Recently built retail facility occupied under a corporate-guaranteed NNN lease with scheduled rent escalations.
Where is this nnn property located?
The property is located at 3756 NC Hwy 87 Reidsville, NC.
What are key features of this property?
This property features: 10,640 SF Dollar General facility completed with 2023 upgraded construction; 14.5 years remaining on a 15‑year corporate‑guaranteed NNN lease; Tenant responsible for taxes, insurance, roof, and structure
