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201 S Church St
Kenly, NC 27542
Dollar General Portfolio · Retail Property For Sale · 16,953 SF Total

Investment Highlights

  • Dollar General (NYSE: DG) is a chain of more than 20,000 discount stores in 48 states, primarily in the South, East, Midwest, and Southwest.
  • 6+ years remaining on both leases
  • The company’s net sales hit $40.61 billion in fiscal year 2025, a 4.96% increase from 2024.

Executive Summary

Two-property Dollar General NNN portfolio offered at a 6.25% cap. Purchase individually or together.
Absolute NNN leases with the tenant responsible for taxes, insurance, roof, and structure. True passive income with zero landlord responsibilities.
Highlights:
6+ years remaining on both leases
Investment grade tenant (Dollar General, NYSE: DG)
Stable cash flow with combined NOI ~$170K
Attractive deal sizes for private and 1031 buyers
~1.3 AC sites with strong residual real estate value
Kenly, NC
NOI: $82,914
9,173 SF | 1.28 AC
Lease through 11/30/2031
Rocky Mount, NC
NOI: $87,251
7,780 SF | 1.32 AC
Lease through 9/30/2031
Well-located in established trade areas where Dollar General serves as a primary retail provider. Strong long-term fundamentals with straightforward ownership and predictable income.

Property Facts

Price / SF $225.97 CAD / SF
Cap Rate 6.25%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 16,953 SF
Total Land Area 2.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
201 S Church St, Kenly, NC 27542 Retail 9,173 SF 2011 $1,866,581 CAD
559 E Raleigh Blvd, Rocky Mount, NC 27801 Retail 7,780 SF 2011 $1,964,203 CAD
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  • Listing ID: 40133027

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address:

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