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105 Deal Rd
Mooresville, NC 28115
Dollar General (15-Year NNN) · Retail Property For Sale
PROPERTY FACTS
About 105 Deal Rd , Mooresville, NC 28115
Marcus & Millichap is pleased to present for sale, a new construction, freestanding Dollar General in Mooresville, North Carolina (Charlotte MSA). The 15-year lease is Triple-Net (NNN) in which the tenant is responsible for all expenses including roof and structure. The building is 9,002 square feet and sits on 4.585 acres. Rent commenced in October 2016. The lease features ten percent rental increases in each option period (5/5 year options). Dollar General is rated BBB (investment grade) by Standard & Poor' s, which allows investors to place attractive financing on the property if desired. Dollar General is publicly traded (NYSE: DG) and operates over 12,400 locations nationwide with a net worth of more than $4.0 Billion. The subject property is located approximately 32 miles north of Charlotte, 65 miles south of Greensboro, 130 miles west of Fayetteville, and 87 miles west of Pinehurst. The property is located at the junction of Deal Road and West North Carolina Highway 152 and has ingress/egress on Deal Road. Nearby traffic counts are approximately 7,360 vehicles per day. There are approximately 21,484 people who live within five miles of the property and average household incomes are more than $53,150 annually.
PROPERTY TAXES
Parcel Number | 234-046 | Improvements Assessment | $841,124 |
Land Assessment | $315,563 | Total Assessment | $1,156,687 |
PROPERTY TAXES
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Listing ID: 5539014
Date on Market: 1/20/2017
Last Updated:
Address: 105 Deal Rd, Mooresville, NC 28115