Download Offering Memorandum:  Salisbury Ave. 335_Spencer, NC (Dollar General)

Property:         Dollar General

City:                  Spencer, NC

Price:                $680,000

Cap Rate:         7.5%

Base Rent:       $51,000

Lease Type:     NN+

Guarantor:      Corporate

Lease Term:    10 Years

Remaining:     8 Years

Increases:        10% in Options

Options:           (1) 5 Year

Status:              Just Closed

Corporate Guarantee

Recently Extended NN+ Lease

Minimal Landlord Responsibilities

46 Miles NE of Charlotte, NC

Multiple Lease Renewals




Allen Thompson

Broker of Record, PA