912 Vicksboro Rd - Freestanding FOR SALE


Henderson, NC 27537
$2,022,000 USD
704-697-1900
912 Vicksboro Rd, Henderson, NC for Sale
$2,022,000 USD
Freestanding - FOR SALE
1/3
null | 6.7% Cap Rate

912 Vicksboro Rd
Henderson, NC 27537


HIGHLIGHTS

  • Strong corporate guaranty
  • Strong Lease Fundamentals
  • New construction
  • Strategically located
  • Trade market need

OVERVIEW

Strong Corporate Guaranty - Dollar General was ranked #91 on the Fortune 500 2021 list - Over 19K locations in 46 states - 75% of Americans live within 5 minutes of a Dollar General Strong Lease Fundamentals - Absolute NNN lease provides landlord zero responsibilities - 10% rental increases during option periods New Construction - Built with Dollar General’s most upgraded prototype and will be transferred to new ownership with warranties in place Strategically Located - Subject site fronts Vicksboro Rd, which is a main commuter corridor to Highway 1 (~1 Mile | 12K AADT) - Across the street form Carey Chapel Village (61 Homes) - Down the road form Garden Gate Villas, a senior living complex Trade Market Need - Competing Dollar Tree (located ~1.3 miles away) is ranked in the top 83rd percentile of all Dollar Tree’s in NC (Placer.ai)

FOR SALE DETAILS

PRICE

$2,022,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

-

APN/PARCEL ID

0536-05001

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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