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INVESTMENT OFFERING

SAB Capital is pleased to present Dollar General in Statesville, NC, located less than an hour north of Charlotte. The tenant recently exercised an early option to bring total lease term to over 7 years. The site is situated at a signalized intersection and as an outparcel to a Food Lion grocery store. The local area has seen robust population growth, with a 13% increase in a 5 mile radius since 2010.

  • Dollar General in Statesville, NC | 40 Miles From Charlotte
  • Rare Brick Construction | Higher End Structure Over Typical Dollar General Prototype
  • Recent Extension | Dollar General Exercised Early Extension to Bring to 7 Years of Total Term
  • Mission Critical Location | Subject Site Hosts Regular Corporate Training Events
  • Growing Local Population | 13% Population Growth Since 2010 | Projected 12% Growth Through 2027
  • Signalized Corner Location | Wilkesboro Hwy. & Old Wilkesboro Rd. Sees 17,628 Vehicles Per Day
  • Outparcel to Food Lion Grocery Store | Strong Location Fundamentals
  • High Foot Traffic Location | Top Ranked Dollar General by Customer Visits out of 4 Stores in a 5 Mile Radius (placer.ai)
  • Dense Surrounding of Retail | Nearby National Tenants Include CVS Pharmacy, Food Lion, Little Caesars, and Sheetz

Tenant Price Cap Rate Lease Type Square Feet Status
Dollar General $1,619,861 5.75% NN 8,998 Under Contract

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