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Investment Highlights

  • Newly constructed Dollar General store with a corporate-guaranteed 15-year NNN lease.
  • Located on a 2.47-acre corner lot with two ingress/egress points and highway frontage.
  • Investment-grade tenant operating over 21,000 stores nationwide with a Fortune 500 ranking.
  • 5% rental increases every five years during the base term and renewal options.
  • Strategic positioning between Raleigh and Fayetteville with connectivity via U.S. 421 and I-95.
  • True NNN lease structure with zero landlord responsibilities for maintenance or operating costs.

Executive Summary

FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY
• This Dollar General is located in Erwin, NC, within the Fayetteville MSA, a market of approximately 395,000 residents anchored by Fort Bragg,
one of the largest military installations in the United States.
• Fort Bragg supports tens of thousands of active-duty military personnel, civilian employees, contractors, and military families throughout the region.
• The Fayetteville economy is further supported by healthcare, manufacturing, logistics, construction, and government employment.
• Major employers in the market include Cape Fear Valley Health System, Amazon, Goodyear, Walmart, MANN+HUMMEL, and The Campbell’s Company.
2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS
• The subject property is located on a 2.47-acre corner parcel at the intersection of NC Highway 55 and Maynard Lake Road, the main highway serving
Erwin and the surrounding trade area.
• The property benefits from approximately 6,200 vehicles per day along NC Highway 55 and two points of ingress and egress, providing convenient
customer access.
ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE
• This Dollar General is located in Erwin, North Carolina, approximately 27 miles north of Fayetteville and 32 miles south of Raleigh.
• The site benefits from proximity to US Highway 421, US Highway 301, and Interstate 95, major corridors connecting Erwin to regional employment
centers and larger retail hubs.
• The property serves a broad rural trade area with limited national retail presence, driving reliable demand for essential,
value-oriented goods.
NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property features a new 15-year corporate guaranteed lease with 5% rental increases every five years in the initial lease and options.
• Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot.
• This is a true NNN lease with no landlord responsibilities or expenses.
• This Dollar General was recently constructed, with rent commencing in February 2026.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.
• Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
B
Year Built
2026
Price
$3,307,485 CAD
Price Per SF
$310.85 CAD
Cap Rate
6.50%
NOI
$214,978 CAD
Tenancy
Single
Building Height
1 Story
Parking
41 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
266’ on North Carolina 55

Amenities

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 40943792

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 954 Maynard Lake Rd rd, Erwin, NC 28339

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