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Dollar General Market 4470 E US 70

12,687 SF Retail Building Nebo, NC 28761 £2,056,946 (£162/SF) 6.80% Net Initial Yield

Investment Highlights

  • BRAND NEW 2024 CONSTRUCTION
  • RARE 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE ENTIRE LEASE TERM
  • 18,000+ 5-MILE POPULATION
  • UPGRADED DOLLAR GENERAL MARKET STORE
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES

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 NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,687 SF
Building Class
B
Year Built
2024
Price
£2,056,946
Price Per SF
£162
Net Initial Yield
6.80%
NOI
£139,872
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
2.00 AC
Frontage
219 ft on State Road 1760

Amenities

  • Pylon Sign

Links

1 of 1
(678) 808-2770

Contact

  • Listing ID: 33536781

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 4470 E US 70, Nebo, NC 28761

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© 2024 CoStar Group

Dollar General Market | 4470 E US 70
(678) 808-2770 x

Dollar General Market | 4470 E US 70

Robert Pfeiffer

(678) 808-2770

(678) 808-2770

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