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Dollar General 911 Union Rd 9,100 SF Retail Building Gastonia, NC 28054 $2,117,404 CAD ($232.68 CAD/SF) 6.75% Cap Rate
Investment Highlights
- 2011 build-to-suit construction for Dollar General
- Absolute NNN lease with zero management responsibility
- Proven location and market – Dollar General exercised their first renewal option with no landlord concessions
- Premium construction building with no metal sides (exterior is EFIS and Brick)
- Corporately guaranteed lease from Dollar General Corporation
- Traffic counts on Union Rd exceed 20,000 vehicles daily
Executive Summary
Name
Gerard Hamas
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # C42113, 362768 (NC)
Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Phone
(866) 889-0550
Gerard Hamas
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # C42113, 362768 (NC)
Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
B
Year Built
2011
Price
$2,117,404 CAD
Price Per SF
$232.68 CAD
Cap Rate
6.75%
NOI
$142,910 CAD
Tenancy
Single
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 111127 | Improvements Assessment | $939,286 CAD |
| Land Assessment | $425,701 CAD | Total Assessment | $1,364,987 CAD |
Property Taxes
Parcel Number
111127
Land Assessment
$425,701 CAD
Improvements Assessment
$939,286 CAD
Total Assessment
$1,364,987 CAD
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Dollar General | 911 Union Rd
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