641 S Main St 8,000 SF Retail Building Kenansville, NC 28349 $942,091 CAD ($117.76 CAD/SF) 7.15% Cap Rate

Positioned along Kenansville’s primary commercial corridor at the intersection of three main roads, this freestanding Dollar General enjoys exceptional visibility and convenient access from Highway 11/S. Main Street, the town’s main north-south thoroughfare. The property benefits from steady local traffic, strong community loyalty, and proximity to key neighborhood anchors including schools, municipal offices, and residential developments. Build to suite in 2000, DG has been committed to the location ever since and just renewed another 5 years through 2030 with an agreed upon escallation. Besides, there is no competition within 7 miles guaranteeing their stay for much longer, so much that they will be totally remodeling the building in March, including new floors, new bathrooms, new lighting, new paint, etc....
A rare opportunity to acquire a stable, income-producing asset backed by a Fortune 200 retailer in a growing eastern North Carolina market. Ideal for investors seeking predictable returns, inflation-resistant income, and zero management exposure.