1715 Connelly Springs Rd - Freestanding FOR SALE
Lenoir, NC 28645 |
$887,273 USD
771-208-7475
1715 Connelly Springs Rd
Lenoir, NC 28645
HIGHLIGHTS
- Nearly two decades of operation; recent lease extension with ±5.3 years remaining term.
- Two additional 5-year renewal options with 10% rental increases in option periods.
- Ranks in top 79th percentile nationally and top 83rd percentile within North Carolina.
- Corporately guaranteed by Dollar General Corporation, a Fortune 100 company.
- Investment-grade credit ratings from S&P Global; 20,000+ locations across 48 states.
- 41,749 residents within 5-mile radius; ~15 miles from Morganton, ~18 miles from Hickory.
FOR SALE DETAILS
PRICE
$887,273 USD
PRICE/SF
$98 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
11-3-1-3
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771-208-7475
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771-208-7475
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