Dollar General Market

  • $2,362,763

Overview

  • Dollar General Market
    Tenant(s)
  • $2,362,763
    Price
  • 6.50%
    CAP Rate
  • $153,579
    Net Operating Income (NOI)
  • 15 Years
    Lease Term
  • 5% Every Five Years & in Option Periods
    Increases
  • 6/1/2025
    Rent Commencement
  • NNN
    Lease Type
  • 5/31/2040
    Lease Expiration
  • 5 x 5 Yr
    Options
  • 10,640
    Building Size (SF)
  • 2025
    Year Built
  • 2.43
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

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 $153,579 with scheduled 5% Every Five Years in Primary Term and Option Periods.

    • Easy Connectivity | Close proximity to US Highway 74 (31,000 vehicles per day)
    • Situated within the Charlotte, NC MSA (Metropolitan Statistical Area)
    • Population of 2.8 million (2023 est.) • 11 minutes from downtown Wadesboro, NC (Population: 4,935)
    • 27 minutes from Pee Dee National Wildlife Refuge (8,400+ acre recreational preserve)
    • 51 minutes from Pinehurst, NC, home to 40+ golf courses
    • 1 hour 11 minutes from Uptown Charlotte, NC (Population: 911,311, 2023 est.)

Property Documents

Dollar-General_NC_Morven-OM-FINAL-1

Contact Information

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