4263 Clingman Rd - Retail FOR SALE
Ronda, NC 28670 |
$2,324,000 USD
704-714-2368
4263 Clingman Rd
Ronda, NC 28670
HIGHLIGHTS
- 2025 brand new construction | Fresh 15-year term
- New Dollar General lease structure with 5% rent increases every 5 years
- Strategically located off NC Hwy 421 | 17,000 VPD | Major highway that runs from Chicago to Wilmington and serves as a primary thoroughfare for NC
- Absolute Net lease | Zero landlord responsibilities
- Corporate guaranteed lease | Dollar General Corporation | 20,274 locations nationwide | Investment grade credit | Baa2/BBB
- Limited competition in the surrounding area | Nearest Dollar General is over 10 minutes away
FOR SALE DETAILS
PRICE
$2,324,000 USD
PRICE/SF
$218 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Absolute Net Lease
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
Commercial
APN/PARCEL ID
1300113
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704-714-2368
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704-714-2368
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