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Dollar General Market 4290 Clingman Rd

10,640 SF Retail Building Ronda, NC 28670 £1,848,258 (£174/SF) 6.60% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 2025 brand new construction | Fresh 15-year term
  • Strategically located off NC Hwy 421 | 17,000 VPD | Major highway that runs from Chicago to Wilmington and serves as a primary thoroughfare for NC
  • Corporate guaranteed lease | Dollar General Corporation | 20,274 locations nationwide
  • New Dollar General lease structure with 5% rent increases every 5 years
  • Absolute Net lease | Zero landlord responsibilities
  • Limited competition in the surrounding area | Nearest Dollar General is over 10 minutes away

EXECUTIVE SUMMARY

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Dollar General Market in Ronda, NC. We welcome your review of this attractive investment.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Building Size
10,640 SF
Year Built
2024
Price
£1,848,258
Price Per SF
£174
Net Initial Yield
6.60%
NOI
£121,985
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.00 AC
Parking
37 Spaces (3.48 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar General
  • Retailer
  • 10,640 SF
  • -
  • NNN
  • May 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar General Retailer 10,640 SF - NNN May 2040

LINKS

1 of 1
(704) 714-2368

CONTACTS

  • Listing ID: 33851530

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 4290 Clingman Rd, Ronda, NC 28670

The Retail Property at 4290 Clingman Rd, Ronda, NC 28670 is currently available for sale. Contact Berkeley Capital Advisors for more information.

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Dollar General Market | 4290 Clingman Rd
(704) 714-2368 x

Dollar General Market | 4290 Clingman Rd

1/3

Al Dickens

(704) 714-2368

(704) 714-2368

Ransome Foose

(704) 379-1985

(704) 379-1985

Jake Zapata

(210) 587-5388

(210) 587-5388

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