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Dollar General 5174 Us 401 Hwy S

9,100 SF Retail Building Youngsville, NC 27596 $1,985,782 CAD ($218 CAD/SF) 5.31% Cap Rate

Investment Highlights

  • Recent Widening to US Hwy 401 to 4 lanes
  • Continued Growth Area
  • 5 Years Remaining on Current Lease
  • 11 Miles from Capital Blvd and Wake Forest NC
  • Large Corner Lot 1.48 Ac
  • (4) 5 Year Extensions

Executive Summary

Dollar General Located in Growth Corridor East of Raleigh. Recent Hwy Expansion has been completed. Large Corner Lot with Excellent Visibility. 5-years remaining on current lease with (4) 5-year extensions with rent increase.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2014
Price
$1,985,782 CAD
Price Per SF
$218 CAD
Cap Rate
5.31%
NOI
$105,445 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.60 AC
Opportunity Zone
Yes
Zoning
M U
Parking
42 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
271 ft on U.S. 401

Amenities

  • Corner Lot

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer 99,999 SF - Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 024076
  • 042137
Land Assessment
$708,390 CAD
Improvements Assessment
$800,931 CAD
Total Assessment
$1,509,320 CAD
  • Listing ID: 29858909

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 5174 Us 401 Hwy S, Youngsville, NC 27596

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