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Dollar General Plus 1112 Old Stage Rd

10,542 SF Retail Building Yadkinville, NC 27055 $2,208,000 ($209/SF) 6.50% Cap Rate

Investment Highlights

  • New Dollar General lease structure with rent increases in the primary term | 5% every 5 years
  • Great access & visibility from surrounding area’s primary hard corner intersection | Hwy 601 & Old Stage Rd
  • Corporate Lease & Guaranty | Dollar General Corporation | 19,414+ locations across North America
  • 2024 new construction | “Fresh 15-year lease term
  • Absolute Net Lease | Zero Landlord responsibilities | Truly passive investment
  • Less than 5 minutes from US Hwy 421 | 20,500 VPD | Links Durham, Greensboro, & Winston-Salem to the mountains of Western NC

Executive Summary

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Dollar General in Yadkinville, NC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,542 SF
Year Built
2024
Price
$2,208,000
Price Per SF
$209
Cap Rate
6.50%
NOI
$143,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
2.00 AC
Zoning
Commercial
Parking
36 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General Plus
  • Retailer
  • 10,542 SF
  • $13.61
  • Triple Net
  • Aug 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Plus Retailer 10,542 SF $13.61 Triple Net Aug 2039
  • Listing ID: 33314705

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 1112 Old Stage Rd, Yadkinville, NC 27055

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