1290 NC 410 Hwy - Retail FOR SALE


Bladenboro, NC 28320
$2,270,100 USD
909-456-3475
1290 NC 410 Hwy, Bladenboro, NC for Sale
$2,270,100 USD
Retail - FOR SALE
1/1
null | 6.72% Cap Rate

1290 NC 410 Hwy
Bladenboro, NC 28320


HIGHLIGHTS

  • Brand New Construction Dollar General Market | 15-Year Absolute Net lease with 5% increases every five years
  • Dollar General Market is the largest footprint prototype and offers fresh produce
  • Direct Proximity to 3 schools | Bladen Early College High (139 Students), Bladen Community College (1,057 Students), West Bladen High (701 Students)
  • Tenant is the Nation’s largest discount retailer with over 20,000 locations in 48 states | Ranked 108 on the Fortune 500 list in 2023
  • Continued growth for fiscal year 2023 net sales increased 2.2% to $38.7 Billion

OVERVIEW

The subject property is a brand new construction Dollar General Market built in 2024 in Dublin, North Carolina. Dollar General Market signed a fifteen-year triple net lease with 5% increases every five years and in each of the five, five-year options. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.

FOR SALE DETAILS

PRICE

$2,270,100 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market | Dublin, NC

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

Commercial

APN/PARCEL ID

037200847508

ASK ABOUT THIS PROPERTY

Kyle BlattMarcus & MillichapMore Info
909-456-3475

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Kyle BlattMarcus & MillichapMore Info
909-456-3475

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