3770 Hub Mill Rd - Freestanding FOR SALE
Elon, NC 27244 |
$1,275,000 USD
470-523-4253
3770 Hub Mill Rd
Elon, NC 27244
HIGHLIGHTS
- Growing Trade Area: Elon, NC enjoys excellent regional connectivity to Burlington, Greensboro, and the broader Piedmont Triad
- Strategically Positioned: Directly across from Altamahaw-Ossipee Elementary School (serving 600+ students), delivering consistent daily traffic
- Long-Term Lease Security: More than 10 years remaining on the initial term, plus five (5), 5-year renewal options
- Secure, Creditworthy Tenant: Backed by Dollar General’s corporate guarantee and investment-grade “BBB” credit rating (S&P)
- Hands-Off Triple-Net Investment: True absolute NNN lease structure eliminates all landlord responsibilities, providing a fully passive ownership
- Essential Retailer with Resilient Model: Dollar General was classified as an essential retailer during the COVID-19 pandemic
FOR SALE DETAILS
PRICE
$1,275,000 USD
PRICE/SF
$140 USD /SF
CAP RATE
7%
% 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
2021
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
2.65 AC
LAND SF
115,434 SF
ZONING
-
APN/PARCEL ID
118551
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470-523-4253
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470-523-4253
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