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105 Deal Rd
Mooresville, NC 28115

Dollar General (15-Year NNN) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building FAR
0.05
Lot Size
4.59 AC

About 105 Deal Rd , Mooresville, NC 28115

Marcus & Millichap is pleased to present for sale, a new construction, freestanding Dollar General in Mooresville, North Carolina (Charlotte MSA). The 15-year lease is Triple-Net (NNN) in which the tenant is responsible for all expenses including roof and structure. The building is 9,002 square feet and sits on 4.585 acres. Rent commenced in October 2016. The lease features ten percent rental increases in each option period (5/5 year options). Dollar General is rated BBB (investment grade) by Standard & Poor' s, which allows investors to place attractive financing on the property if desired. Dollar General is publicly traded (NYSE: DG) and operates over 12,400 locations nationwide with a net worth of more than $4.0 Billion. The subject property is located approximately 32 miles north of Charlotte, 65 miles south of Greensboro, 130 miles west of Fayetteville, and 87 miles west of Pinehurst. The property is located at the junction of Deal Road and West North Carolina Highway 152 and has ingress/egress on Deal Road. Nearby traffic counts are approximately 7,360 vehicles per day. There are approximately 21,484 people who live within five miles of the property and average household incomes are more than $53,150 annually.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234-046
Land Assessment
$448,772
Improvements Assessment
$1,196,188
Total Assessment
$1,644,959
  • Listing ID: 5539014

  • Date on Market: 2017-01-20

  • Last Updated:

  • Address: 105 Deal Rd, Mooresville, NC 28115

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