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Dollar General Market 4290 Clingman Rd

10,640 SF Retail Building Ronda, NC 28670 $2,324,000 ($218/SF) 6.60% Cap Rate

Investment Highlights

  • 2025 brand new construction | Fresh 15-year term
  • Strategically located off NC Hwy 421 | 17,000 VPD | Major highway that runs from Chicago to Wilmington and serves as a primary thoroughfare for NC
  • Corporate guaranteed lease | Dollar General Corporation | 20,274 locations nationwide
  • New Dollar General lease structure with 5% rent increases every 5 years
  • Absolute Net lease | Zero landlord responsibilities
  • Limited competition in the surrounding area | Nearest Dollar General is over 10 minutes away

Executive Summary

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

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Building Size
10,640 SF
Year Built
2024
Price
$2,324,000
Price Per SF
$218
Cap Rate
6.60%
NOI
$153,384
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
2.00 AC
Parking
37 Spaces (3.48 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Listing ID: 33851530

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 4290 Clingman Rd, Ronda, NC 28670

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