13075 NC-242 - Retail FOR SALE


Elizabethtown, NC 28337
$2,034,586 USD
857-284-7971
13075 NC-242, Elizabethtown, NC for Sale
$2,034,586 USD
Retail - FOR SALE
1/6
null | 6.65% Cap Rate

13075 NC-242
Elizabethtown, NC 28337


HIGHLIGHTS

  • 2025 NEW CONSTRUCTION
  • 10,640 SF PROTOTYPE
  • 5% RENT BUMPS EVERY 5 YEARS
  • JUST 26 MILES FROM FAYETTEVILLE

OVERVIEW

13075 NC-242 features all new 2025 construction consisting of approximately 10,640 SF sitting directly at the intersection of NC 242, Old Fayetteville Road and Ammon Community Center Road. The location has combined daily traffic counts at the intersection of 3,200 ADT. The lease features attractive 5% rent increases every 5 years throughout the lease. The property is ideally located directly on a +/- 2.25 acre parcel at a main connector for commuters heading north and south. The township is within Bladen County and is the county seat - located just 15 miles from White Lake, 26 miles from Fayetteville and 66 miles from Wilmington. The nearest Dollar General is located 13 miles north in Roseboro, 13.5 miles south in White Lake and 16 miles west in Tar Heel. This location will pull from a large established trade area and be a very convenient location allowing Dollar General to offer a wider variety of items including produce, meat and other foods. This store allows customers closer access to fresh and healthier foods at a convenient location with everyday low prices. Elizabethtown, NC presents the rare opportunity to own an asset with new 2025 construction with a lease featuring attractive 5% rent increases every 5 years throughout the lease. The property is ideally positioned in an underserved market with a long term lease and a corporate guaranty. This 10,640 SF building sits on a +/- 2.82 acre parcel directly at the intersection of NC 242, Old Fayetteville Road and Ammon Community Center Road. The location has combined daily traffic counts at the intersection of 3,200 ADT. The town is within Bladen County, which is the county seat. The town is a hidden gem, offering some of the best lakes and state parks in the region. Situated between Fayetteville (26 miles to the north) and Wilmington (66 miles to the south), it’s perfectly positioned for adventure. The town is a gateway to outdoor paradise, with attractions like Jones Lake State Park, White Lake, and Singletary Lake State Park nestled within the sprawling 36,000-acre Bladen Lakes State Forest. The picturesque Cape Fear River winds through the town, providing ample opportunities for boating, fishing, hiking, and walking. White Lake, in particular, is a local favorite, drawing over 200,000 visitors each summer. Surrounded by motels, cottages, RV parks, and campgrounds, this tranquil lake has earned its title as the “Nation’s Safest Beach.” With no currents, tides, or hidden dangers, the lake offers clear waters perfect for swimming, water-skiing, wakeboarding, jet skiing, and fishing. Visitors can also enjoy canoeing, kayaking, golfing, and a lively lakeside amusement park. Each year, the White Lake Water Festival celebrates the area with music and festivities, attracting even more visitors during the third weekend of May. For travelers along US Route 701 and the many guests flocking to White Lake each summer, this location is poised to be the ideal spot for relaxation and adventure. The property is located just 15 miles from White Lake, 26 miles from Fayetteville, 32 miles from Lumberton, and approximately 66 miles from downtown Wilmington.

FOR SALE DETAILS

PRICE

$2,034,586 USD

PRICE/SF

$191 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW NORTH CAROLINA DG | 5% BUMPS EVERY 5 YEAR

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.11 AC

LAND SF

179,213 SF

ZONING

-

APN/PARCEL ID

132800526316

ASK ABOUT THIS PROPERTY

Tim BulmanDistrict Real Estate AdivsorsMore Info
857-284-7971

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Tim BulmanDistrict Real Estate AdivsorsMore Info
857-284-7971

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