1903 Weeksville Rd - Convenience Store FOR SALE


Elizabeth City, NC 27909
$1,075,000 USD
252-670-9590
1903 Weeksville Rd, Elizabeth City, NC for Sale
$1,075,000 USD
Convenience Store - FOR SALE
1/5
null | 8.08% Cap Rate

1903 Weeksville Rd
Elizabeth City, NC 27909


HIGHLIGHTS

  • Strong Performance History
  • Close proximity to Elizabeth City State University, US Coast Guard Base & Elizabeth City Regional Airport
  • Currently in 2nd Renewal Option

OVERVIEW

This 2009-built Dollar General property in Elizabeth City, NC, offers a stable and high-performing investment opportunity. The store boasts a strong operating history and is currently in its second renewal period, demonstrating Dollar General's commitment to this location. Strategically positioned within a growing market, the property has recently undergone a capital upgrade, with all coolers replaced to enhance operational efficiency and customer experience. The double net lease (NN) structure places minimal management responsibilities on the owner while ensuring a reliable income stream from a nationally recognized tenant. With a proven track record of success, long-term tenancy, and recent improvements, this Dollar General is an excellent addition to any investment portfolio. Tenant: Dollar General (BBB Credit Rating via S&P). Limited Landlord Responsibilities (NN Lease).

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

8.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8.08% Cap - Dollar General with 2nd Ren

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

8922-758484

ASK ABOUT THIS PROPERTY

Josh TaylorSVN | Efird Commercial Real EstateMore Info
252-670-9590

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Josh TaylorSVN | Efird Commercial Real EstateMore Info
252-670-9590

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