1658 NC Highway 704 - Freestanding FOR SALE
Madison, NC 27025 |
$2,542,000 USD
704-714-2368
1658 NC Highway 704
Madison, NC 27025
HIGHLIGHTS
- 2025 brand new construction | Fresh 15-year lease term
- Absolute Net Lease | Zero landlord responsibilities
- New Dollar General lease structure with rent increases in the primary term | 5% every 5 years
- Strategically located on a hard corner | NC-704 & McCollum Rd
- Corporate Lease | Dolgencorp, LLC | 20,274 locations across the U.S. and Mexico
- Investment grade credit | Baa2/BBB
FOR SALE DETAILS
PRICE
$2,542,000 USD
PRICE/SF
$238 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
2.64 AC
LAND SF
114,998 SF
ZONING
IN MORE TH
APN/PARCEL ID
127940
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704-714-2368
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704-714-2368
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