8321 S Nc 55 Hwy - Freestanding FOR SALE
Willow Spring, NC 27592 |
$1,318,000 USD
704-379-1985
8321 S Nc 55 Hwy
Willow Spring, NC 27592
HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities
- Corporate lease | Dolgencorp, LLC | 20,388 locations across the U.S. | Investment grade credit | BBB / Baa3 | Nationally recognized brand
- During the tenth year of the original 15-year lease term, Dollar General offered to extend the lease by an additional 5 years
- Explosive population growth | 60.66% from ’20-’26 within a 1-mile radius
- NCDOT widening underway | NC-55 expanding from two to four lanes at the site | Enhancing future access and traffic capacity
- Affluent surrounding area | $130,924 average household income within a 1-mile radius
FOR SALE DETAILS
PRICE
$1,318,000 USD
PRICE/SF
$143 USD /SF
CAP RATE
7.5%
% 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
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.44 AC
LAND SF
62,726 SF
ZONING
Commercial
APN/PARCEL ID
0675.04-51-5131-000
ASK ABOUT THIS PROPERTY
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704-379-1985
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704-379-1985
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