Net-lease investment offering

Dollar General Market

7988 U.S. 52, Morven, NC

$2,375,433Asking price
6.35%Capitalization rate
$150,840Net operating income
13.7 YearsTerm remaining
Offering memorandumComplete investment materials
Download OM
Ryan Eklund
Ryan EklundManaging Principal - Charlotte
Lic # NC: 286222; SC#: 115530
Logan Little
Logan LittleSenior Associate
Lic # NC: 346230; SC#: 139014
Broker of RecordRyan EklundStonecliffNC License No. 286222
Dollar General Market
Corporate-guaranteed · NNN

Offering Details

Investment Economics
Asking Price$2,375,433
Capitalization Rate6.35%
Net Operating Income$150,840
Lease Profile
Term Remaining13.7 Years
Original Lease Term15 Years
Roof / StructureNone
Rent Increases5% Every Five Years & in Option Periods
Landlord ResponsibilitiesNone
Lease ExpirationJune 30, 2040
Rent CommencementJuly 1, 2025
TenantDollar General Market
Lease TypeAbsolute NNN
GuarantyCorporate
Renewal Options5 x 5 Yr
Property
Property TypeDiscount retail
Building Area10,640 SF
Land Area2.43 Acres
Year Built2025

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a Dollar General Market located at 7988 US-52, Morven, NC 28119. The site consists of roughly 10,640 rentable square feet of retail space on an estimated 2.43-acre parcel of land. This Dollar General Market is subject to a 15-year Triple Net (NNN) Lease. The annual rent is $150,840 with scheduled 5% Every Five Years in Primary Term and Option Periods.

  1. 01
    Easy Connectivity | Close proximity to US Highway 74 (31,000 vehicles per day)
  2. 02
    Situated within the Charlotte, NC MSA (Metropolitan Statistical Area)
  3. 03
    Population of 2.8 million (2023 est.) • 11 minutes from downtown Wadesboro, NC (Population

    4,935)

  4. 04
    27 minutes from Pee Dee National Wildlife Refuge (8,400+ acre recreational preserve)
  5. 05
    51 minutes from Pinehurst, NC, home to 40+ golf courses
  6. 06
    1 hour 11 minutes from Uptown Charlotte, NC (Population

    911,311, 2023 est.)

Location & Market

Morven, NC · 7988 U.S. 52, Morven, NC

The property is located in Morven, NC. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.

31,000Vehicles per day
2.8 millionArea population
4,935Area population