| Purchase Price | $2,800,000 |
|---|---|
| Annual Rental Income | $182,000 |
| Cap Rate | 6.5% |
| Lease Term | 15 Years |
| City | Monroe |
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This offering showcases a net-lease property leased to Dollar General Corporation—a publicly traded, investment-grade retailer with a secure corporate guarantee. The absolute triple-net lease transfers all property-related costs—including taxes, insurance, structural integrity, and HVAC—to the tenant, resulting in truly passive ownership and a reliable, long-term income stream.
Monroe is a rapidly expanding city of approximately 40,000 residents, having grown nearly 16% since 2020, and is positioned as a key suburb within the Charlotte metro area. It serves as a regional hub along U.S. 74, benefitting from proximity to Charlotte-bound commuters and strong traffic exposure . The local economy is diversified across aerospace, healthcare, manufacturing, and retail, with Moody Air Force Base and South Georgia Medical Center providing stable employment—further supported by the nearby Charlotte executive airport . Monroe’s median household income is around $67,000 and per-capita retail sales exceed $27,700 per person, underscoring a solid consumer base .