2241 Indian Springs Rd - Freestanding FOR SALE


Dudley, NC 28333
$1,999,818 USD
734-755-6359
2241 Indian Springs Rd, Dudley, NC for Sale
$1,999,818 USD
Freestanding - FOR SALE
1/4
null | 6.6% Cap Rate

2241 Indian Springs Rd
Dudley, NC 28333


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | New Construction | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Along Indian Springs Rd | Limited Nearby Competition
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

Fortis Net Lease is pleased to present this brand new 10,640 SF. Dollar General plus store with upgraded brick facade located in Dudley, North Carolina. The property offers a 15 Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 Year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has recently completed construction & successfully opened for business in February 2025! This Dollar General is highly visible as it is strategically positioned off of Indian Springs Road near the corner of Emmaus Church Rd, seeing 4,105 cars per day. It sits in an extremely limited competition area. The 10 mile population from the site is 51,000 and the 3 mile average household income is $76,782 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.60% cap rate based on the NOI of $131,988.

FOR SALE DETAILS

PRICE

$1,999,818 USD

PRICE/SF

$188 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | New 15yr Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

GC

APN/PARCEL ID

3503292633

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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