BRAND NEW 2026 CONSTRUCTION & LONG-TERM ABSOLUTE NNN LEASE
- Newly delivered in 2026, the property is leased under a fresh 15-year Absolute NNN lease with zero landlord responsibilities. Investors benefit from long-term contractual income without exposure to management or maintenance obligations.
INVESTMENT-GRADE CREDIT TENANCY
- Leased to Dollar General Corporation (NYSE: DG), one of the largest and most recognizable discount retailers in the United States. Dollar General operates more than 20,000 locations nationwide, generates more than $40 billion in annual revenue, and maintains an investment-grade BBB credit rating from S&P.
CONTRACTUAL RENT GROWTH | 5% INCREASES EVERY FIVE YEARS
- The lease features scheduled 5% rent increases throughout the initial term and option periods, providing built-in NOI growth and a hedge against inflation while enhancing long-term total return potential.
NECESSITY-BASED RETAILER | PERFORMANCE ACROSS ECONOMIC CYCLES
- Dollar General's business model is centered on everyday necessities, including food, beverages, household supplies, health and beauty products, and other consumable goods that drive frequent customer visits regardless of broader economic conditions. With approximately 80% of sales generated from non-discretionary merchandise categories, the company has historically demonstrated strong performance through multiple economic cycles as consumers increasingly prioritize value-oriented retailers during periods of inflation and economic uncertainty.
RESEARCH TRIANGLE PROXIMITY | LONG-TERM REGIONAL GROWTH TAILWINDS
- Located approximately 30 miles north of Durham, the property benefits from adjacency to the Research Triangle, one of the strongest economic regions in the Southeast. Growth throughout Durham and the broader Triangle continues to expand the region's economic influence northward into surrounding counties.
ROXBORO'S PRIMARY RETAIL HUB
- As the county seat of Person County, Roxboro serves as the dominant retail destination for more than 40,000 residents across the dispersed trade area. Limited competing retail inventory between commercial nodes creates a highly defensible customer base for necessity-oriented retailers.