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DG Market 908 S Main St

10,542 SF Retail Building High Point, NC 27260 £2,120,287 (£201/SF) 6.40% Net Initial Yield

Investment Highlights

  • New Dollar General lease structure with rent increases in the primary term | 5% every 5 years
  • DG Market is an expanded format of the standard Dollar General store with a focus on providing customers with perishables and dry groceries.
  • Great visibility & access from S Main St | 15,000 VPD
  • Brand-new construction asset featuring Dollar General’s latest, larger DG Market prototype | See OM link for more info
  • Absolute Net Lease | Zero Landlord responsibilities | Truly passive investment
  • New 15-year term

Executive Summary

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

Property Facts Under Contract

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,542 SF
Building Class
C
Year Built
2024
Construction Status
Under Construction
Price
£2,120,287
Price Per SF
£201
Net Initial Yield
6.40%
NOI
£135,670
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
GB - General Business
Parking
30 Spaces (2.85 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0172022
Land Assessment
£230,695
Improvements Assessment
£0
Total Assessment
£230,695
  • Listing ID: 32137671

  • Date on Market: 14/06/2024

  • Last Updated:

  • Address: 908 S Main St, High Point, NC 27260

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