Log In/Sign Up
Your email has been sent.
Dollar General 1715 Connelly Springs Rd 9,014 SF Retail Building Lenoir, NC 28645 $1,260,513 CAD ($139.84 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Nearly two decades of operation; recent lease extension with ±5.3 years remaining term.
- Ranks in top 79th percentile nationally and top 83rd percentile within North Carolina.
- Investment-grade credit ratings from S&P Global; 20,000+ locations across 48 states.
- Two additional 5-year renewal options with 10% rental increases in option periods.
- Corporately guaranteed by Dollar General Corporation, a Fortune 100 company.
- 41,749 residents within 5-mile radius; ~15 miles from Morganton, ~18 miles from Hickory.
Executive Summary
Gerard Hamas
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$1,260,513 CAD
Price Per SF
$139.84 CAD
Cap Rate
8.25%
NOI
$103,992 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Opportunity Zone
Yes
Frontage
150’ on Dyson Rd
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-3-1-3 | Improvements Assessment | $165,791 CAD |
| Land Assessment | $22,588 CAD | Total Assessment | $188,380 CAD |
Property Taxes
Parcel Number
11-3-1-3
Land Assessment
$22,588 CAD
Improvements Assessment
$165,791 CAD
Total Assessment
$188,380 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General | 1715 Connelly Springs Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.