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Dollar General 6915 Doral Dr

9,100 SF Retail Building Tobaccoville, NC 27050 $1,782,904 CAD ($196 CAD/SF) 7% Cap Rate

Investment Highlights

  • Long term lease.
  • Built to suit property.

Executive Summary

- Dollar General: Essential Business Tenant, Pandemic and Recession Resistant.
- Investment Grade Tenant: Dollar General Corporation (NYSE: DG); Investment Grade Credit Rating BBB (S&P) w/Stable Outlook
- Ideal for 1031 Exchange Buyer and/or Passive Investor.
- 15 Absolute NNN Lease.
- Zero Landlord Responsibilities.
- Long Term Lease with 5 5-year Renewal Options with Rent Increases.
- Free Standing Build-to-Suit Building for Dollar General Corp.
- Located in the Winston-Salem/Greensboro/High Point, NC MSA.

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2016
Price
$1,782,904 CAD
Price Per SF
$196 CAD
Cap Rate
7%
NOI
$124,805 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.71 AC
Zoning
LB
Parking
50 Spaces (5.49 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5990-58-6550
Land Assessment
$66,523 CAD
Improvements Assessment
$185,926 CAD
Total Assessment
$252,449 CAD
  • Listing ID: 28310119

  • Date on Market: 2023-04-24

  • Last Updated:

  • Address: 6915 Doral Dr, Tobaccoville, NC 27050

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