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8302 Belews Creek Rd 12,024 SF Retail Building Stokesdale, NC 27357 $1,955,251 CAD ($162.61 CAD/SF) 8.25% Cap Rate



Investment Highlights
- Great location.
Executive Summary
Lee & Associates is pleased to present 8302 Belews Creek Road, a stabilized multi-tenant retail investment opportunity in Stokesdale, North Carolina. The property is anchored by Dollar General, occupying 10,675 square feet as the primary daily-needs retailer for the surrounding community, alongside Village Pizza at 1,575 square feet and a SECU ATM that enhances on-site traffic and convenience. Dollar General has two remaining five-year renewal options, supporting long-term income stability. The asset generates a current NOI of $115,132 and is offered at a 8.25% cap rate, equating to an asking price of $1,395,551, presenting investors with a secure, necessity-based retail investment in a growing northwest Guilford County trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,024 SF
Building Class
B
Year Built
2007
Price
$1,955,251 CAD
Price Per SF
$162.61 CAD
Cap Rate
8.25%
NOI
$161,308 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
7.81 AC
Zoning
RS-30 - Residential
Parking
25 Spaces (2.08 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0164669 | Improvements Assessment | $1,070,979 CAD |
| Land Assessment | $841,775 CAD | Total Assessment | $1,912,754 CAD |
Property Taxes
Parcel Number
0164669
Land Assessment
$841,775 CAD
Improvements Assessment
$1,070,979 CAD
Total Assessment
$1,912,754 CAD
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8302 Belews Creek Rd
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