954 Maynard Lake Rd rd - Convenience Store FOR SALE


Erwin, NC 28339
$2,346,000 USD
678-808-2762
954 Maynard Lake Rd rd, Erwin, NC for Sale
$2,346,000 USD
Convenience Store - FOR SALE
1/5
null | 6.5% Cap Rate

954 Maynard Lake Rd rd
Erwin, NC 28339


HIGHLIGHTS

  • Newly constructed Dollar General store with a corporate-guaranteed 15-year NNN lease.
  • 5% rental increases every five years during the base term and renewal options.
  • Located on a 2.47-acre corner lot with two ingress/egress points and highway frontage.
  • Strategic positioning between Raleigh and Fayetteville with connectivity via U.S. 421 and I-95.
  • Investment-grade tenant operating over 21,000 stores nationwide with a Fortune 500 ranking.
  • True NNN lease structure with zero landlord responsibilities for maintenance or operating costs.

OVERVIEW

FAYETTEVILLE MSA | MILITARY-ANCHORED REGIONAL ECONOMY • This Dollar General is located in Erwin, NC, within the Fayetteville MSA, a market of approximately 395,000 residents anchored by Fort Bragg, one of the largest military installations in the United States. • Fort Bragg supports tens of thousands of active-duty military personnel, civilian employees, contractors, and military families throughout the region. • The Fayetteville economy is further supported by healthcare, manufacturing, logistics, construction, and government employment. • Major employers in the market include Cape Fear Valley Health System, Amazon, Goodyear, Walmart, MANN+HUMMEL, and The Campbell’s Company. 2.47 ACRE CORNER LOT WITH TWO ENTRY POINTS • The subject property is located on a 2.47-acre corner parcel at the intersection of NC Highway 55 and Maynard Lake Road, the main highway serving Erwin and the surrounding trade area. • The property benefits from approximately 6,200 vehicles per day along NC Highway 55 and two points of ingress and egress, providing convenient customer access. ERWIN, NC | STRATEGICALLY POSITIONED BETWEEN RALEIGH & FAYETTEVILLE • This Dollar General is located in Erwin, North Carolina, approximately 27 miles north of Fayetteville and 32 miles south of Raleigh. • The site benefits from proximity to US Highway 421, US Highway 301, and Interstate 95, major corridors connecting Erwin to regional employment centers and larger retail hubs. • The property serves a broad rural trade area with limited national retail presence, driving reliable demand for essential, value-oriented goods. NEW 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property features a new 15-year corporate guaranteed lease with 5% rental increases every five years in the initial lease and options. • Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot. • This is a true NNN lease with no landlord responsibilities or expenses. • This Dollar General was recently constructed, with rent commencing in February 2026. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026. • Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

FOR SALE DETAILS

PRICE

$2,346,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Fayetteville MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

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