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Dollar General - 6.45% Cap in NC 6101 Main St

10,640 SF Retail Building Gibson, NC 28343 $1,622,000 ($152/SF) 6.45% Cap Rate

Retail Space North Carolina Gibson 6101 Main St, Gibson, NC 28343

Investment Highlights

  • 15 Year Abs. NNN Dollar General Corp. Lease

Executive Summary

Absolute NNN 15 Year Lease
Strong, Corporate Guarantee (19,000+ Locations)
E-Commerce and Recession Resistant Tenant
2023 Construction with all warranties in place
Ideal location for Dollar Store and perfect demographics for their target customer

Attachments

Dollar General_Gibson, NC_6.45%

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Year Built
2023
Price
$1,622,000
Price Per SF
$152
Cap Rate
6.45%
NOI
$104,616
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.83 AC
Zoning
RA

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Net
  • -

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Net -
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PROPERTY TAXES

Parcel Number 04-0172-07-001 Improvements Assessment $712,200
Land Assessment $29,970 Total Assessment $742,170

PROPERTY TAXES

Parcel Number
04-0172-07-001
Land Assessment
$29,970
Improvements Assessment
$712,200
Total Assessment
$742,170
(704) 697-1900

Contacts

  • Listing ID: 28137693

  • Date on Market: 4/4/2023

  • Last Updated:

  • Address: 6101 Main St, Gibson, NC 28343

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6101 Main St, Gibson, NC for sale Building Photo- Image 1 of 4
Screenshot 2023-10-20 143139
6101 Main St, Gibson, NC for sale Building Photo- Image 2 of 4
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6101 Main St, Gibson, NC for sale Building Photo- Image 3 of 4
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Dollar General - 6.45% Cap in NC | 6101 Main St
(704) 697-1900 x

Dollar General - 6.45% Cap in NC | 6101 Main St

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David Hoppe

(704) 697-1900

(704) 697-1900

Sam Young

(704) 560-3138

(704) 560-3138

Ben Olmstead

(704) 651-5953

(704) 651-5953

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