176 Wadesboro Blvd, Mount Gilead, NC 27306-9249

This exceptional investment opportunity presents a brand-new, 12,774-square-foot Dollar General "Market" store in Mt. Gilead, North Carolina. Located on Wadesboro Blvd, a main thoroughfare with a high daily traffic volume of 4,100 vehicles, this property benefits from a prime location within the town. The store, built in 2023, operates under a 15-year net lease (NNN) agreement with a corporate guarantee from Dolgencorp, LLC, commencing January 1, 2023, and expiring December 31, 2037. This leaves a substantial remaining lease term of 13.1 years. The property boasts a 7.65% cap rate and a strong net operating income (NOI) of $124,788, with a price per square foot of $127.70 and an asking price of $1,631,215. The tenant, Dollar General, is an investment-grade credit tenant (S&P BBB rating), with over 20,000 stores nationwide and $38.7 billion in sales in fiscal year 2023. This "Market" store represents a larger prototype with expanded cooler/freezer space, reflecting the company's commitment to the area and the growing demand for fresh produce. The property is zoned commercial and represents an ideal 1031 exchange opportunity. The 100% occupancy commenced January 1, 2023. This is a rare opportunity to acquire a high-performing, stable investment in a strong retail sector.