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704 Blvd
Williamston, NC 27892
Dollar General: Williamston, NC · Retail Property For Sale
Investment Highlights
- 2024 Construction
- 5% Rent Increases Every 5 Years
- NNN Lease with Corporate Guaranty from Dollar General Corporation
Executive Summary
CBRE is pleased to exclusively offer for sale the 10,785-square-foot Dollar General situated on 1.84 acres in Williamston, NC. Built in 2024, Dollar General's NNN lease features a corporate guaranty from Dollar General Corporation and ±13.2 years of primary term remaining with a 5% rent increase every 5 years throughout the initial term and in each of the five, 5-year renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,785 SF
Building Class
C
Year Built
2024
Price
$2,827,621 CAD
Price Per SF
$262.18 CAD
Cap Rate
6.65%
NOI
$188,037 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.84 AC
Opportunity Zone
Yes
Zoning
CH - Commercial Highway
Frontage
239’ on East Boulevard
Amenities
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 0505240 | Improvements Assessment | $1,184,571 CAD |
| Land Assessment | $374,157 CAD | Total Assessment | $1,558,729 CAD |
Property Taxes
Parcel Number
0505240
Land Assessment
$374,157 CAD
Improvements Assessment
$1,184,571 CAD
Total Assessment
$1,558,729 CAD
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