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Investment Highlights

  • 12% increase every 5 years
  • Heavy Traffic

Executive Summary

This investment opportunity for an established Dollar General which lies right off a highly trafficked Highway 74, just outside of Downtown Wadesboro. Within about half a mile of this location lies plenty of banks, gas stations, restaurants, fast food, and shopping centers. Dollar General currently has 4 years left on their initial term with two renewal options of 5 years each at 12% increases for each option. Dollar General has showed commitment to this location by completing full remodel of the interior in July 2025.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2004
Price
$1,464,193 CAD
Price Per SF
$162.44 CAD
Cap Rate
7.54%
NOI
$110,442 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.87 AC
Zoning
GB - General Business

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Food Lion
PNC Bank

Property Taxes

Property Taxes

Parcel Number
6484-14-43-5492-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$691,798 CAD
  • Listing ID: 36843900

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 1301 E Caswell St, Wadesboro, NC 28170

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