12606 Garland Hwy - Convenience Store FOR SALE


Garland, NC 28441
$2,337,000 USD
864-235-6855
12606 Garland Hwy, Garland, NC for Sale
$2,337,000 USD
Convenience Store - FOR SALE
1/7
null | 6.5% Cap Rate

12606 Garland Hwy
Garland, NC 28441


OVERVIEW

Desirable Lease Terms: Brand new 15-year Absolute NNN lease with 5% increases every 5 years Zero Landlord Responsibilities: Absolute NNN lease with ZERO landlord responsibilities Brand New Construction: 2025 build-to-suit for Dollar General; Rent commencement was February 2025 Corporate Dollar General Lease: Over 20,000 locations in 48 states and Mexico with 2024 revenues of $40.6 billion and a current market cap in excess of $18 billion Investment Grade Tenant: Dollar General holds an S&P BBB credit rating Excellent Highway Frontage: Situated on a corner lot fronting Garland Highway (US Hwy 701), Garland’s busiest highway, and Wright Bridge Rd, this property’s excellent highway frontage ensures its continued strong traffic exposure.

FOR SALE DETAILS

PRICE

$2,337,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Drug Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

Conditional Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter Couchell, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Peter Couchell, CCIMNAI Earle Furman LLCMore Info
864-235-6855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.