6568 N NC Highway 16 - Freestanding FOR SALE


Conover, NC 28613
$808,000 USD
248-702-0288
6568 N NC Highway 16, Conover, NC for Sale
$808,000 USD
Freestanding - FOR SALE
1/5
null | 8.5% Cap Rate

6568 N NC Highway 16
Conover, NC 28613


HIGHLIGHTS

  • Dollar General Has Operated At The Site For 20+ Years and Recently Extended the Lease For 5 Years
  • Double Net Lease(NN) - Minimal Landlord Responsibilities
  • Landlord Replaced 2 HVAC Units in 2025
  • Leased to Dollar General - NYSE:DG | Investment Grade Tenant S&P:BBB
  • (2) Five-Year Options With Rental Increases
  • Over 21,500 People Within 5 Miles of Subject Property

OVERVIEW

Dollar General Has Operated At The Site For 20+ Years and Recently Extended the Lease For 5 Years

FOR SALE DETAILS

PRICE

$808,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

8.5%

% 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

0.94 AC

LAND SF

40,946 SF

ZONING

COM

APN/PARCEL ID

3755010799220000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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