Dollar General

• Proven 25+ Year Operating History – Dollar General has maintained operations at this location for over 25 years, demonstrating the property’s ability to support a successful retail operation through multiple market cycles. The store’s long-standing presence reinforces the strength of the location and the surrounding trade area.
• Recent Lease Extension & Store Remodel – Dollar General recently exercised its next five-year renewal option while also completing a full store remodel at its own expense in 2024. This continued investment of capital highlights the tenant’s long-term commitment to the location and confidence in the site’s performance.
• Adjacent to Food Lion-Anchored Shopping Center – The property is located adjacent to a Food Lion-anchored shopping center, creating a strong synergy between the two retailers. Food Lion serves as a consistent traffic driver for the corridor, generating repeat visits and increasing exposure for Dollar General as consumers make convenient, value-oriented shopping trips.
• Essential Retailer Serving a Stable Customer Base – The property benefits from a strong base of repeat customers who rely on Dollar General for groceries, household goods, health products, and other everyday necessities. The store’s convenient location and value-oriented merchandise make it an essential shopping destination for the local community.
• Below-Market Rent Supports Long-Term Occupancy – The lease features an attractive rental rate that remains below replacement cost economics, providing Dollar General with a significant financial incentive to continue operating at this location. Combined with the tenant’s long operating history and recent investment in the property, the store is well positioned for continued long-term occupancy.
• Low Rental Rate – The property features a low rental rate, providing Dollar General with a strong incentive to remain at this location long term. The favorable lease economics make renewing the existing lease a more attractive option than relocating to a new site.