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NEW NORTH CAROLINA DG | 5% BUMPS EVERY 5 YEAR 13075 NC-242 10,640 SF Retail Building Elizabethtown, NC 28337 $2,772,928 CAD ($260.61 CAD/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- 2025 NEW CONSTRUCTION
- 5% RENT BUMPS EVERY 5 YEARS
- 10,640 SF PROTOTYPE
- JUST 26 MILES FROM FAYETTEVILLE
EXECUTIVE SUMMARY
13075 NC-242 features all new 2025 construction consisting of approximately 10,640 SF sitting directly at the intersection of NC 242, Old Fayetteville Road and Ammon Community Center Road. The location has combined daily traffic counts at the intersection of 3,200 ADT. The lease features attractive 5% rent increases every 5 years throughout the lease. The property is ideally located directly on a +/- 2.25 acre parcel at a main connector for commuters heading north and south. The township is within Bladen County and is the county seat - located just 15 miles from White Lake, 26 miles from Fayetteville and 66 miles from Wilmington. The nearest Dollar General is located 13 miles north in Roseboro, 13.5 miles south in White Lake and 16 miles west in Tar Heel. This location will pull from a large established trade area and be a very convenient location allowing Dollar General to offer a wider variety of items including produce, meat and other foods. This store allows customers closer access to fresh and healthier foods at a convenient location with everyday low prices.
Elizabethtown, NC presents the rare opportunity to own an asset with new 2025 construction with a lease featuring attractive 5% rent increases every 5 years throughout the lease. The property is ideally positioned in an underserved market with a long term lease and a corporate guaranty. This 10,640 SF building sits on a +/- 2.82 acre parcel directly at the intersection of NC 242, Old Fayetteville Road and Ammon Community Center Road. The location has combined daily traffic counts at the intersection of 3,200 ADT.
The town is within Bladen County, which is the county seat. The town is a hidden gem, offering some of the best lakes and state parks in the region. Situated between Fayetteville (26 miles to the north) and Wilmington (66 miles to the south), it’s perfectly positioned for adventure. The town is a gateway to outdoor paradise, with attractions like Jones Lake State Park, White Lake, and Singletary Lake State Park nestled within the sprawling 36,000-acre Bladen Lakes State Forest. The picturesque Cape Fear River winds through the town, providing ample opportunities for boating, fishing, hiking, and walking. White Lake, in particular, is a local favorite, drawing over 200,000 visitors each summer. Surrounded by motels, cottages, RV parks, and campgrounds, this tranquil lake has earned its title as the “Nation’s Safest Beach.” With no currents, tides, or hidden dangers, the lake offers clear waters perfect for swimming, water-skiing, wakeboarding, jet skiing, and fishing. Visitors can also enjoy canoeing, kayaking, golfing, and a lively lakeside amusement park. Each year, the White Lake Water Festival celebrates the area with music and festivities, attracting even more visitors during the third weekend of May. For travelers along US Route 701 and the many guests flocking to White Lake each summer, this location is poised to be the ideal spot for relaxation and adventure. The property is located just 15 miles from White Lake, 26 miles from Fayetteville, 32 miles from Lumberton, and approximately 66 miles from downtown Wilmington.
Elizabethtown, NC presents the rare opportunity to own an asset with new 2025 construction with a lease featuring attractive 5% rent increases every 5 years throughout the lease. The property is ideally positioned in an underserved market with a long term lease and a corporate guaranty. This 10,640 SF building sits on a +/- 2.82 acre parcel directly at the intersection of NC 242, Old Fayetteville Road and Ammon Community Center Road. The location has combined daily traffic counts at the intersection of 3,200 ADT.
The town is within Bladen County, which is the county seat. The town is a hidden gem, offering some of the best lakes and state parks in the region. Situated between Fayetteville (26 miles to the north) and Wilmington (66 miles to the south), it’s perfectly positioned for adventure. The town is a gateway to outdoor paradise, with attractions like Jones Lake State Park, White Lake, and Singletary Lake State Park nestled within the sprawling 36,000-acre Bladen Lakes State Forest. The picturesque Cape Fear River winds through the town, providing ample opportunities for boating, fishing, hiking, and walking. White Lake, in particular, is a local favorite, drawing over 200,000 visitors each summer. Surrounded by motels, cottages, RV parks, and campgrounds, this tranquil lake has earned its title as the “Nation’s Safest Beach.” With no currents, tides, or hidden dangers, the lake offers clear waters perfect for swimming, water-skiing, wakeboarding, jet skiing, and fishing. Visitors can also enjoy canoeing, kayaking, golfing, and a lively lakeside amusement park. Each year, the White Lake Water Festival celebrates the area with music and festivities, attracting even more visitors during the third weekend of May. For travelers along US Route 701 and the many guests flocking to White Lake each summer, this location is poised to be the ideal spot for relaxation and adventure. The property is located just 15 miles from White Lake, 26 miles from Fayetteville, 32 miles from Lumberton, and approximately 66 miles from downtown Wilmington.
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PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Building Class
B
Year Built
2025
Price
$2,772,928 CAD
Price Per SF
$260.61 CAD
Cap Rate
6.75%
NOI
$187,173 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
4.11 AC
Zoning
C - Commercial
Parking
8 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
703’ on North Carolina 242
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 132800526316 | Improvements Assessment | $1,299,937 CAD |
| Land Assessment | $16,431 CAD | Total Assessment | $1,316,367 CAD |
PROPERTY TAXES
Parcel Number
132800526316
Land Assessment
$16,431 CAD
Improvements Assessment
$1,299,937 CAD
Total Assessment
$1,316,367 CAD
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NEW NORTH CAROLINA DG | 5% BUMPS EVERY 5 YEAR | 13075 NC-242
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