1112 Old Stage Rd - Convenience Store FOR SALE
Yadkinville, NC 27055 |
$2,208,000 USD
704-714-2368
1112 Old Stage Rd
Yadkinville, NC 27055
HIGHLIGHTS
- New Dollar General lease structure with rent increases in the primary term | 5% every 5 years
- 2024 new construction | “Fresh 15-year lease term
- Great access & visibility from surrounding area’s primary hard corner intersection | Hwy 601 & Old Stage Rd
- Absolute Net Lease | Zero Landlord responsibilities | Truly passive investment
- Corporate Lease & Guaranty | Dollar General Corporation | 19,414+ locations across North America
- Less than 5 minutes from US Hwy 421 | 20,500 VPD | Links Durham, Greensboro, & Winston-Salem to the mountains of Western NC
FOR SALE DETAILS
PRICE
$2,208,000 USD
PRICE/SF
$209 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Plus
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
Commercial
APN/PARCEL ID
-
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704-714-2368
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704-714-2368
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