(800) 916-6913 
Dollar General
4109 Old US 421 - Yadkinville (Winston-Salem) NC 27055
| LTV (Loan to Value) | 65.00% | Current NOI | $82,472.00 |
| Interest Rate | 4.250% | Capital Rate | 6.450% |
| Fixed Term | 10 Years | Land Area | 1.40 Acre |
| Amortization | 25 Years | Lease Type | NNN |
| Loan Amount | $831,155.00 | Property Type | Retail |
| Payment | $4,502.68 | Property Lease | Dollar Store |
| Bulding Size | 9,026 SF | Remaining Terms | 15 Years |
Location Description
NNN Lenders is pleased to offer for sale to qualified investors a 9,026 square-foot freestanding Dollar General property situated on 1.40 acres and located in Yadkinville, North Carolina. The Property is a brand new build-to-suit facility for the tenant.Dollar General is operating under a brand-new fifteen (15) year absolute triple net (NNN) lease with 10% increases in each of the five (5), five (5) year option periods. The property is strategically located in the market of Yadkinville, NC, situated to serve the tenant’s targeted demographic, with a population of 7,804 and an average household income of $66,641 within a three (5) mile radius.The property is 100% leased to Dollar General Corporation (NYSE: DG, S&P: BBB-). Dollar General currently operates more than 11,800 stores in 43 states, and boasted revenues in excess of $18.91 billion as of January 2015 with a current net worth of approximately $5.71 billion. The company’s revenues rose by 9% in fiscal 2014 driven by a same-store sales increase of 3% and a consumables revenues increase of 11%.
Highlights
NNN Investment – Absolute net lease. Tenant is responsible for all expenses including roof, structure, taxes, insurance, and common area…
Property Description
Yadkinville is a town in Yadkin County, North Carolina. Located in the Piedmont Triad, it is the county seat and largest city of Yadkin County and just 25 miles west of Winston-Salem. Winston-Salem is a city in and the county seat of Forsyth County, North Carolina. With a 2013 estimated population of 235,527, it is the second largest municipality in the Piedmont Triad region and the fifth largest city in the state.