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Dollar General - 9.5 Yr - Abs NNN 1226-1242 Old US 25 Hwy 9,100 SF Retail Building Zirconia, NC 28790 $1,942,631 CAD ($213.48 CAD/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 9.5 Years of Guaranteed Lease Term Remaining (Lease Exp: 03/31/2035)
- 9,100 SF Building on 1.40 Acre Parcel
- Absolute NNN Lease with ZERO Management Responsibilities | Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
- 2020 Build to Suit Construction
- Five (5) - Five (5) Year Option Periods with 10% Rental Increases
- Strategically Located in the Heart of Zirconia | Directly off US-25 | Traffic Counts of 20,373 Vehicles Per Day
EXECUTIVE SUMMARY
In Conjunction With: Wayne Troxler (Guilford Realty Group Inc.)
NC License #110069
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 9,100 SF
- -
- Triple Net
- Feb 2035
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 9,100 SF | - | Triple Net | Feb 2035 |
PROPERTY TAXES
| Parcel Number | 9575643849 | Improvements Assessment | $1,128,712 CAD |
| Land Assessment | $98,003 CAD | Total Assessment | $1,226,715 CAD |
PROPERTY TAXES
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Dollar General - 9.5 Yr - Abs NNN | 1226-1242 Old US 25 Hwy
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