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Dollar General 304 Central Ave 9,100 SF Retail Building Butner, NC 27509 $1,167,633 CAD ($128.31 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Approximately 5.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 09/30/2031)
- Landlord Responsibilities Limited to Roof, Structure, HVAC and Parking Lot
- Butner is Located Approximately: 15 Miles to Durham, NC; 28 Miles from Raleigh, NC; and 66 Miles from Greensboro, NC
- 2006 Construction - Build-to-Suit Dollar General
- Tenant Pays $525.82 Per Month ($6,309.84 Per Year) for Parking Lot Maintenance Expenses
- 7-Mile Demographics: 28,213 Residents | $129,506 Average Household Income
Executive Summary
In Conjunction With: Wayne Troxler (Guilford Realty Group, Inc.)
NC License #110069
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Sep 2031
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Sep 2031 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 087605175802 | Improvements Assessment | $134,338 CAD |
| Land Assessment | $291,554 CAD | Total Assessment | $425,892 CAD |
Property Taxes
Presented by
Dollar General | 304 Central Ave
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