Dollar General

$ 1,816,326Greensboro, NC

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Property Details

Dollar General

5205 Burlington Road

McLeansville, NC

HIGHLIGHTS

  • ​Absolute NNN Lease
  • ​10% Bumps at Each Renewal Option
  • ​(5) 5-Year Renewal Options
  • ​Built in 2016
  • ​Upgraded Construction
  • ​Greensboro, NC MSA

DESCRIPTION

Oswald Cooke is pleased to offer to the market a NNN leased Dollar General.​ Developed in 2016, the store features all-brick construction, and has a traffic count in excess of 11,000 VPD.​ McLeansville is an unincorporated community in Guilford County, just nine miles east of downtown Greensboro, the 65th largest MSA in the country.​ The statistical area in the Piedmont Triad (Greensboro-Winston Salem-High Point) is estimated at 1,600,000.​ Publix chose the market to open its 1.2MM SF distribution facility less than a mile from the Dollar General.​ The development is scheduled to open in Q4 of 2022 and will cost in excess of $400MM dollars.​ This is one of only ten locations where Publix has constructed one of these facilities.​ Additionally, Interstate-840 opened an interchange connecting Burlington Highway with the transportation system to the north and south of the City.​