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Dollar General 5174 Us 401 Hwy S 9,100 SF Retail Building Youngsville, NC 27596 $1,894,577 CAD ($208.20 CAD/SF) 5.31% Cap Rate

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Investment Highlights

  • Recent Widening to US Hwy 401 to 4 lanes
  • Continued Growth Area
  • 5 Years Remaining on Current Lease
  • 11 Miles from Capital Blvd and Wake Forest NC
  • Large Corner Lot 1.48 Ac
  • (4) 5 Year Extensions

Executive Summary

Dollar General Located in Growth Corridor East of Raleigh. Recent Hwy Expansion has been completed. Large Corner Lot with Excellent Visibility. 5-years remaining on current lease with (4) 5-year extensions with rent increase.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2014
Price
$1,894,577 CAD
Price Per SF
$208.20 CAD
Cap Rate
5.31%
NOI
$100,602 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.60 AC
Opportunity Zone
Yes
Zoning
M U
Parking
42 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
271’ on U.S. 401

Amenities

  • Corner Lot

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer 99,999 SF - Jan 0000

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 024076
  • 042137
Land Assessment
$1,826,082 CAD
Improvements Assessment
$1,941,438 CAD
Total Assessment
$3,767,520 CAD
  • Listing ID: 29858909

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 5174 Us 401 Hwy S, Youngsville, NC 27596

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