114 N Second Ave
Mayodan, NC 27027

The subject property is a 2011 construction Dollar General store in Mayodan, NC just north of Greensboro. The 9,100+/- square foot building at the corner of N. 2nd Avenue and East Jefferson Street. N. 2nd Avenue has reported average daily traffic of over 6,000. Retailers in the area include KMart, Food Lion, CVS, McDonald's, Wendy's, Taco Bell, Advance Auto Parts and more. Dollar General is signed to a 15-year lease that commenced in March, 2011. The lease is double net (NN) with tenant being responsible for expenses of CAM, tax, and insurance. Tenant is also responsible for maintenance, repair and replacement of the HVAC system. There are scheduled rental increases of three percent (3%) in year 11, and 10 percent (10%) in each of the renewal options. Dollar General is proud to be America's neighborhood general store. We make shopping easy and affordable with more than 12,500 convenient, easy-to-shop stores in 43 states delivering everyday low prices on name-brand products that are frequently used and replenished, such as food, snacks, health and beauty aids, as well as cleaning supplies, family apparel, housewares and seasonal items. Through the Dollar General Literacy Foundation (DGLF), we support community literacy and education initiatives across America. At Dollar General, employees can develop their talents and grow their careers as we grow our business.