DOLLAR GENERAL | MADISON, NORTH CAROLINA
INVESTMENT SUMMARY
Purchase Price
$1,321,863
Location
2951 US-220
Cap Rate
7.35%
Annual Rent
$97,157.00
Building Size
9,100 SF
Land Area
8.22 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
5.50 Years
LEASE EXPIRATION
10/31/2031
Renewal Options
RENT INCREASES
10% at Options
Parking
37 Spaces
Year Built
2016
APN
7923-01-19-5710-00
Traffic Counts
26,133 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE GUARANTEED LEASE:
- Approximately 5.5 Years Remaining in the Initial 15 Year Lease Term
- 2016 Construction - Build-to-Suit Dollar General
- 9,100 SF Building | 8.22 Acre Parcel
- Five (5) - Five (5) Year Option Periods at 10% Rent Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
UPGRADED CONSTRUCTION:
- Brick Front Facade
PROXIMITY FROM MADISON:
- Greensboro, NC | 21 Miles
- Winston-Salem, NC | 26 Miles
- Durham, NC | 76 Miles
- Raleigh, NC | 98 Miles
- Charlotte, NC | 111 Miles
- Fayetteville, NC | 122 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile: 557 Residents | $153,643 Average Household Income
- 1-Mile Annual Population Growth: 1.46%
- 3-Mile: 4,500 Residents | $109,827 Average Household Income
- 3-Mile Annual Population Growth: 1.52%
- 5-Mile: 12,407 Residents | $96,087 Average Household Income
- 5-Mile Annual Population Growth: 1.42%
- 7-Mile: 25,075 Residents | $92,506 Average Household Income
- 7-Mile Annual Population Growth: 1.49%

