Dollar General | Near Piedmont Triad Elkin Hwy & River rd 10,640 SF Retail Building North Wilkesboro, NC 28659 $3,493,060 CAD ($328.30 CAD/SF) 6.50% Cap Rate

WILKESBORO, NC | COUNTY SEAT OF WILKES COUNTY
• This Dollar General is located near the entrance of the JELD-WEN Wilkesboro Plant; it is a leading manufacturer of windows and doors.
• Wilkesboro is home to Wilkes Community College, which has over 4,600 students enrolled.
• A 435,000 SF Lowe’s distribution center is located in Wilkesboro and employs 2,000 people at this center.
LESS THAN 5 MILES FROM MAIN RETAIL CORRIDOR IN WILKESBORO
• This Dollar General is strategically positioned less than 5 miles from the main retail pocket in Wilkesboro.
• National Retailers include Food Lion, Burger King, Taco Bell, McDonald’s, and more.
NEAR TRIAD REGION OF NC (GREENSBORO - HIGH POINT - WINSTON SALEM)
• This Dollar General is located 55 minutes west of downtown Winston-Salem and the Piedmont Triad off Hwy 281 (11,500 VPD).
• The Triad is known as one of the primary manufacturing and transportation hubs of the southeastern U.S., including Greensboro, Winston-Salem, and High Point, NC.
• The Piedmont Triad’s estimated population is 1,611,243, making it the 33rd-largest combined statistical area in the United States.
• There are more than 20 colleges and universities within the Triad, including Wake Forest University, Elon University, and High Point University. These schools have a combined student count of 20,000.
• Notable companies headquartered in Greensboro include: Honda Aircraft Company, Lorillard Tobacco Company, Mack Trucks, Volvo Trucks of North America, The Fresh Market, Cook Out, Columbia Forest Products, and many more.
NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.
• This Dollar General is under construction and rent commences in October 2025.
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.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.