Brand New Dollar General Plus

$2,716,992

South Main Street, Winston-Salem, NC 27127

For Sale

Retail

Active

Last Updated: 09/17/2025

Details:

Cap Rate: 6.25%

NOI: $169,812

Building Size: 10,640 sqft

Lot Area: 9.21 acres

Lease Type: Absolute Net

Year Built: 2025

Price Per Sqft: $255.36

Zoning: Commercial

Offered by

Bryan Bender

Partner & Managing Director

Fortis Net Lease

Request Info to Unlock

Highlights:

15 Year Absolute NNN Lease | Zero Landlord Responsibilities
5% Rent Increases Every 5 Years | NOW OPEN!
2025 BTS Construction | Plus Size Footprint | 9.21 Acres
5 (5 Year) Options | 5% Increases At Each Option
5 Mile Consumer Spending $1.3 Billion!
One Mile Household Income $58,294
Five Mile Population 126,251 | Expected 4.46%
S Main Street Sees 7,585 VPD & Easy Access to I-285 (63,865 VPD)
Investment Grade Dollar Store | BBB Credit Rating
Site Surrounded by Residential Homes | Convenient Location
Dollar General Corporate Guaranty | Investment Grade

Description:

Fortis Net Lease is pleased to present this 2025 BTS, 10,640 SF. Dollar General Plus store located in Winston-Salem, North Carolina. The property offers a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction & successfully opened for business in August 2025.

This Dollar General is highly visible as it is strategically positioned on S Main Street seeing 7,585 cars per day, with quick and easy access to I-285 seeing 63,865 cars per day. The site is surrounded by residential homes making it a convenient stop for the area. The five mile population from the site is 126,251 while the one mile average household income is $58,294 per year, making this location ideal for a Dollar General. The 5 mile consumer spends is a huge $1.3 Billion! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.25% cap rate based on NOI of $169,812.