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Dollar General 1103 Shelby Rd 9,026 SF Retail Building Kings Mountain, NC 28086 $1,373,051 ($152.12/SF) 6.85% Cap Rate
Investment Highlights
- Approximately 4 Years of Guaranteed Lease Term Remaining
- Upgraded Construction - Four Sided Brick
- Kings Mountain is Located Approximately: 34 Miles from Charlotte, NC; 35 Miles from Rock Hill, SC; and 71 Miles from Greenville, SC
- Absolute NNN Lease with ZERO Management Responsibilities
- Subject Property Just Underwent a Significant Remodel at the Sole Cost and Expense of Dollar General
- 5-Mile Population: 25,878 Residents | $76,717 Average Household Income
Executive Summary
Schuchert Retail Group and Wayne Troxler (Guilford Realty Group Inc.) are pleased to exclusively present for sale the 9,090 SF Dollar General located at 1103 Shelby Rd, Kings Mountain, NC 28086
In Conjunction With: Wayne Troxler (Guilford Realty Group Inc.)
NC License #110069
In Conjunction With: Wayne Troxler (Guilford Realty Group Inc.)
NC License #110069
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,026 SF
Building Class
B
Year Built
2015
Price
$1,373,051
Price Per SF
$152.12
Cap Rate
6.85%
NOI
$94,054
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.13 AC
Zoning
R10
Parking
44 Spaces (4.87 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jun 2030
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Jun 2030 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11963 | Improvements Assessment | $598,437 |
| Land Assessment | $476,956 | Total Assessment | $1,075,393 |
Property Taxes
Parcel Number
11963
Land Assessment
$476,956
Improvements Assessment
$598,437
Total Assessment
$1,075,393
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Dollar General | 1103 Shelby Rd
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