Matthews Logo

Navigation Menu

3736 Dunn Rd, Fayetteville, NC, 28312

Dollar General

$1,050,000

Key Information

Cap Rate
7.54%
$ per SF
$116
Lot Size
1.51 Acres
Year Built
2008
Term Remaining
± 4 Years
Type
Retail
Occupancy
100%
NOI
$79,200
Leasable Area
9,014

Highlights

• 2008 built-to-suit for Dollar General
• Subject property ranks in the 83rd percentile nationwide and 89th percentile in North Carolina for customer visits per Placer.AI, demonstrating strong performance relative to other Dollar General locations
• Tenant has operated at this site for over 18 years and recently exercised their first option following the original 12-year base term.
• 5-Mile population of 15,035 residents
• 10-Mile population of 123,860 residents
• Extremely strong average household income of $93,258 annually
• Corporately guaranteed lease from Dollar General Corporation
• Tenant pays an additional $363 monthly ($4,356 annually) towards parking lot maintenance, subject to 10% increases in each option
• Strategically positioned off of I-95, which sees over 53,000 vehicles daily and provides convenient access for Fayetteville residents
• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)
• Fayetteville’s economy is anchored by Fort Bragg, with the Department of Defense supporting approximately 63,200 local jobs and providing a significant, stable employment base

Photos

Location

Agents

Broker of Record

Gerard Hamas

License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203