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Dollar General "Market" Store - Mt. Gilead, N 176 S Wadesboro Blvd

12,774 SF Retail Building Mount Gilead, NC 27306 £1,277,731 (£100/SF) 7.65% Net Initial Yield

Investment Highlights

  • 15 YR NNN lease with Corporate Guaranty by Dolgencorp, LLC
  • Dollar General has over 18,800 stores in 47 states; 28 distribution centers
  • Perfect 1031 exchange property
  • Rare Dollar General Market Relo Store - Shows Committement to Area
  • Located in the heart of town with 4,100 VPD on Wadesboro Blvd.
  • 12,774 +/- SF on 2 +/- Acres

Executive Summary

This rare Dollar General relo “Market” store is located on the main highway that runs through
Mt. Gilead, N.C. This store is the “Market” prototype concept size which is a larger store
with added cooler/freezer space to accomodate the growing demand for fresh meat and
vegatables.

Attachments

Mt Gilead NC OM

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,774 SF
Building Class
B
Year Built
2023
Price
£1,277,731
Price Per SF
£100
Net Initial Yield
7.65%
NOI
£97,746
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
2.04 AC
Zoning
Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6593-12-95-4641
Land Assessment
£68,012
Improvements Assessment
£1,252,611
Total Assessment
£1,320,623
  • Listing ID: 29644117

  • Date on Market: 28/09/2023

  • Last Updated:

  • Address: 176 S Wadesboro Blvd, Mount Gilead, NC 27306

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