Hwy 19E | Newland, NC 28657
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- LoopNet Team
Hwy 19E
Newland, NC 28657
Dollar General | Long-Term Lease | NNN Lease · Retail Property For Sale
Investment Highlights
- Long-Term Lease with 12.5+ Years Remaining on Current Lease Term
- Absolute Triple-Net Lease Structure - Zero Landlord Responsibilities
- Five, Five-Year Renewal Options with 10% Rental Escalators
- Constructed in 2020 as a Build-to-Suit for Dollar General
- Investment-Grade Corporate Guaranteed Tenant (NYSE: DG)
- Main Source of Retail Shopping for the Town of Newland
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.31 AC
Zoning
Comm
Parking
30 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
132 FT on HWY 19
PROPERTY TAXES
| Parcel Number | 1802-00-82-1293-00000 | Improvements Assessment | $822,300 |
| Land Assessment | $247,400 | Total Assessment | $1,069,700 |
PROPERTY TAXES
Parcel Number
1802-00-82-1293-00000
Land Assessment
$247,400
Improvements Assessment
$822,300
Total Assessment
$1,069,700
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