Retail Space /NC /Davidson County /Lexington /5230 Old US Highway 52
Retail Space /NC /Davidson County /Lexington /5230 Old US Highway 52

5230 Old US Highway 52 - Retail FOR SALE


Lexington, NC 27295- Davidson | 
$2,313,000 USD
704-714-2368
5230 Old US Highway 52, Lexington, NC for Sale
$2,313,000 USD
Retail - FOR SALE
1/3
null | 6.5% Cap Rate
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5230 Old US Highway 52
Lexington, NC 27295
Davidson

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HIGHLIGHTS

  • 2025 new construction
  • Long-term hands-off lease | 15-year Absolute Net Lease | Zero Landlord responsibilities
  • Rental increases in the primary term | 5% every 5 years
  • Corporate lease | Dolgencorp, LLC | Baa2/BBB credit | 20,450 locations across U.S. & Mexico
  • Affluent surrounding area | $95,900 average household income within a 3-mile radius
  • Location benefits from 32,000 VPD at nearby I-285

OVERVIEW

Ransome Foose and Al Dickens of Berkeley Capital Advisors are pleased to present for sale Dollar General in Lexington, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$2,313,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

11-311-C-000-0027-0-0-0

ASK ABOUT THIS PROPERTY

Al DickensBerkeley Capital AdvisorsMore Info
704-714-2368

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Al DickensBerkeley Capital AdvisorsMore Info
704-714-2368

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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