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Freestanding | Dollar General | Rowland, NC 5215 US-74 ALT 10,566 SF Retail Building Rowland, NC 28383 $3,243,936 CAD ($307.02 CAD/SF) 6.65% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
- INVESTMENT-GRADE CREDIT TENANCY
- BRAND NEW 2026 CONSTRUCTION & 15-YEAR LEASE TERM
Executive Summary
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
- The asset is structured under an Absolute NNN lease with no landlord obligations, providing investors with a truly passive income stream and one of the cleanest ownership structures in net lease real estate.
BRAND NEW 2026 CONSTRUCTION & 15-YEAR LEASE TERM
- Purpose-built in 2026 to Dollar General's current prototype, the property offers a brand new 15-year lease term from rent commencement with no deferred maintenance and limited near-term capital exposure. The asset provides a clean entry point for investors seeking new construction, long-term income, and minimal operational complexity.
INVESTMENT-GRADE CREDIT TENANCY
- Leased to Dollar General Corporation (NYSE: DG), one of the largest and most recognizable discount retailers in the United States. Dollar General operates more than 20,000 locations nationwide, generates more than $40 billion in annual revenue, and maintains an investment-grade BBB credit rating from S&P.
NECESSITY-BASED RETAILER | PERFORMANCE ACROSS ECONOMIC CYCLES
- Dollar General's business model is centered on everyday necessities, including food, beverages, household supplies, health and beauty products, and other consumable goods that drive frequent customer visits regardless of broader economic conditions. With approximately 80% of sales generated from non-discretionary merchandise categories, the company has historically demonstrated strong performance through multiple economic cycles as consumers increasingly prioritize value-oriented retailers during periods of inflation and economic uncertainty.
ROBESON COUNTY | CAPTIVE RURAL TRADE AREA
- Robeson County spans nearly 950 square miles with a dispersed population and limited retail alternatives across much of its rural geography. In markets like Rowland, Dollar General often functions as a primary daily-needs retail destination, capturing recurring trips from nearby residents who rely on accessible, value-oriented retail close to home.
- The asset is structured under an Absolute NNN lease with no landlord obligations, providing investors with a truly passive income stream and one of the cleanest ownership structures in net lease real estate.
BRAND NEW 2026 CONSTRUCTION & 15-YEAR LEASE TERM
- Purpose-built in 2026 to Dollar General's current prototype, the property offers a brand new 15-year lease term from rent commencement with no deferred maintenance and limited near-term capital exposure. The asset provides a clean entry point for investors seeking new construction, long-term income, and minimal operational complexity.
INVESTMENT-GRADE CREDIT TENANCY
- Leased to Dollar General Corporation (NYSE: DG), one of the largest and most recognizable discount retailers in the United States. Dollar General operates more than 20,000 locations nationwide, generates more than $40 billion in annual revenue, and maintains an investment-grade BBB credit rating from S&P.
NECESSITY-BASED RETAILER | PERFORMANCE ACROSS ECONOMIC CYCLES
- Dollar General's business model is centered on everyday necessities, including food, beverages, household supplies, health and beauty products, and other consumable goods that drive frequent customer visits regardless of broader economic conditions. With approximately 80% of sales generated from non-discretionary merchandise categories, the company has historically demonstrated strong performance through multiple economic cycles as consumers increasingly prioritize value-oriented retailers during periods of inflation and economic uncertainty.
ROBESON COUNTY | CAPTIVE RURAL TRADE AREA
- Robeson County spans nearly 950 square miles with a dispersed population and limited retail alternatives across much of its rural geography. In markets like Rowland, Dollar General often functions as a primary daily-needs retail destination, capturing recurring trips from nearby residents who rely on accessible, value-oriented retail close to home.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
10,566 SF
Building Class
C
Year Built
2026
Price
$3,243,936 CAD
Price Per SF
$307.02 CAD
Cap Rate
6.65%
NOI
$215,722 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.03 AC
Zoning
HB - Highway Business
Parking
33 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
248’ on U.S. 74
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dollar General
- -
- 10,566 SF
- -
- Mar 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dollar General | - | 10,566 SF | - | Mar 2041 |
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0201-01-035 | Improvements Assessment | $0 CAD |
| Land Assessment | $24,590 CAD | Total Assessment | $24,590 CAD |
Property Taxes
Parcel Number
0201-01-035
Land Assessment
$24,590 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,590 CAD
Contacts
-
David Hoppe -
Mike Lucier -
Eric Suffoletto -
Ben Olmstead -
Ben McCarter -
Christopher Wiener -
Connor Kuchman -
Atlantic Capital Partners
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Freestanding | Dollar General | Rowland, NC | 5215 US-74 ALT
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