Dollar General 7050 Millersville rd 10,640 SF Retail Building Taylorsville, NC 28681 $3,504,638 CAD ($329.38 CAD/SF) 6.50% Cap Rate

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to present the opportunity to acquire the fee simple ownership interest in the brand new Dollar General property located at 7050 Millersville Rd in Taylorsville, NC (“Property”). The Property comprises a 10,640 square foot building on 2.69 acres of land. The Property is projected to finish construction in September 2025 and features upgraded brick and hardie plank construction, offering higher quality than the traditional metal exterior model.
The Property is strategically located at the northeast corner of Millersville Road and US Highway 64/90 in Taylorsville, NC, offering excellent visibility at a key signalized intersection. The Property benefits from strong exposure to nearly 12,000 combined vehicles per day, enhancing accessibility and retail draw. Located along a major commercial corridor with proximity to NC Highway 16, the area is primed for continued growth and development.
The Property is subject to a long-term NNN lease which is guaranteed by Dollar General Corporation (“Tenant”), the largest discount retailer in the United States with over 19,200 locations in 47 U.S. states and Mexico. Dollar General carries an investment grade credit rating of BBB/Stable by S&P Global Ratings.
The Property provides entirely passive ownership and an income stream net of all operating expenses. Tenant is subject to a brand new 15-year lease, providing income security through November 2040 and rental escalations of 5% every five years including in each of the five, five-year renewal options. This Offering is a rare opportunity to invest in a highly passive asset backed by a top-rated national tenant.
In Association With: Jason Long, NC License #338124