4795 E US Highway 64 - Freestanding FOR SALE
Murphy, NC 28906 |
$735,000 USD
470-523-4253
4795 E US Highway 64
Murphy, NC 28906
HIGHLIGHTS
- Proven Long-Term Operating History: Dollar General has successfully operated at this location since 2004.
- Recent Lease Extension: Dollar General executed a 5-year lease extension, further validating the location’s operational performance
- Scheduled Rent Escalation: The lease includes a 5% rental increase effective May 2027, providing built-in income growth for investors.
- Recent Capital Improvements: The property has benefited from significant recent capital expenditures, including a full parking lot resurfacing
- Structured Long-Term Lease: The lease includes six (6) additional five-year renewal options, each with 5% rent increases
FOR SALE DETAILS
PRICE
$735,000 USD
PRICE/SF
$82 USD /SF
CAP RATE
8.01%
% 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
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.21 AC
LAND SF
52,708 SF
ZONING
-
APN/PARCEL ID
5511-02-57-0386-000
ASK ABOUT THIS PROPERTY
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470-523-4253
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470-523-4253
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