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Dollar General 413 W Queen St 9,600 SF Retail Building Edenton, NC 27932 $1,046,940 CAD ($109.06 CAD/SF) 7.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Proven Long-Term Commitment – This Dollar General has been successfully operating at this location since 2003.
- Attractive Rental Growth – The lease features a 12% rental increase scheduled in the next renewal option.
- Essential Retailer – Dollar General has been considered an essential retailer
- Recent 5-Year Lease Extension – In a clear demonstration of continued success, Dollar General recently executed an additional 5 year lease extension.
- Investment-Grade Tenant Security – Benefit from the security of a lease guaranteed by Dollar General
EXECUTIVE SUMMARY
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built
1967
Price
$1,046,940 CAD
Price Per SF
$109.06 CAD
Cap Rate
7.48%
NOI
$78,311 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.35 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 780406398783 | Improvements Assessment | $1,041,800 CAD |
| Land Assessment | $71,192 CAD | Total Assessment | $1,112,992 CAD |
PROPERTY TAXES
Parcel Number
780406398783
Land Assessment
$71,192 CAD
Improvements Assessment
$1,041,800 CAD
Total Assessment
$1,112,992 CAD
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Dollar General | 413 W Queen St
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