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Dollar General 211 Church St

9,014 SF Retail Building Lewiston, NC 27849 £744,400 (£83/SF) 8% Net Initial Yield

Investment Highlights

  • RECENTLY EXTENDED LEASE | 5+ YEARS REMAINING
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • LOW RENT AND PRICE POINT
  • VIRTUALLY NO COMPETITION IN THE AREA

Executive Summary

Dollar General
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS
• 20,000+ LOCATIONS IN 48 STATES
• $38.7 BILLION NET SALES FY 2023

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2009
Price
£744,400
Price Per SF
£83
Net Initial Yield
8%
NOI
£59,552
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
1.75 AC
Zoning
R1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5836-98-4517
Land Assessment
£54,694
Improvements Assessment
£488,625
Total Assessment
£543,319
  • Listing ID: 31965765

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 211 Church St, Lewiston, NC 27849

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