Brand New Dollar General Plus

Highlights:

• 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
• 5% Rent Increases Every 5 Years
• 2026 BTS Construction | Plus Size Footprint | Upgraded Design
• 5 (5 Year) Options | 5% Increases At Each Option
• Corner Site | 20,177 Cars Per Day
• Three Mile Household Income $63,765
• Ten Mile Population 27,944 | Expected 9.60% Growth!
• Investment Grade Dollar Store | BBB Credit Rating
• Site Surrounded by Residential Homes | Convenient Location off Highway
• Dollar General Corporate Guaranty | Investment Grade

Description:

Fortis Net Lease is pleased to present this 2026 BTS, 10,640 SF. Dollar General Plus store located in Murphy, 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 is currently under construction and on track for rent start & opening in April 2026.

This Dollar General is highly visible as it is strategically positioned on the corner of Ledford Street & Highway 74 seeing 20,177 cars per day. The site is surrounded by residential homes & local businesses making it a convenient stop for the area. The 10 mile population from the site is 27,944 while the 3 mile average household income is $63,765 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 10 mile population growth rate at 9.60%! 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 6.30% cap rate based on NOI of $159,024.

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