Log In/Sign Up
Your email has been sent.
Dunkin' & Aspen Dental - Elkin NC 117 Morrison Rd 5,420 SF 100% Leased Retail Building Elkin, NC 28621 $4,978,000 ($918.45/SF) 5.75% Cap Rate
Investment Highlights
- 100% Occupied | Net Leases | Options to Extend | WALT - 10+ Years |Scheduled 10% Rental Increases | Ecommerce Resistant Tenant Mix
- Signalized, Hard Corner Intersection | Centralized Location | Gateway to Yadkin Valley Wine Region | Interstate 77 (34,500 VPD)
- Strong Demographics In Local Trade Area | Six Figure Incomes
- Brand-New 2026 Construction | Drive-Thru Equipped Dunkin Site
- Strong National/Credit Tenants | Dense Retail Corridor |Adjacent to Walmart Supercenter (2.2M Visitors per Year)
Executive Summary
This is a 100% occupied, newly constructed two-tenant net lease investment situated at a signalized intersection in Elkin, NC. The property is anchored by Aspen Dental and Dunkin’, offering a complementary tenant mix of healthcare and quick-service retail. Both tenants have executed brand-new 10-year NNN leases backed by corporate or large franchise guarantees, delivering secure and predictable cash flow for institutional or private investors.
Built in 2026, the property features modern design and minimal near-term capital expenditure requirements. It sits adjacent to a future Hobby Lobby and is positioned near a Walmart Supercenter, ensuring high visibility and consistent traffic. With scheduled rental increases and long-term options to extend, this investment provides income stability and attractive growth opportunities.
Built in 2026, the property features modern design and minimal near-term capital expenditure requirements. It sits adjacent to a future Hobby Lobby and is positioned near a Walmart Supercenter, ensuring high visibility and consistent traffic. With scheduled rental increases and long-term options to extend, this investment provides income stability and attractive growth opportunities.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,420 SF
Building Class
B
Year Built
2026
Price
$4,978,000
Price Per SF
$918.45
Cap Rate
5.75%
NOI
$286,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.12 AC
Zoning
HB - Highway Business
Parking
33 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
238’ on CC Camp Road
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4952-00-85-6214 | Improvements Assessment | $0 |
| Land Assessment | $552,350 | Total Assessment | $552,350 |
Property Taxes
Parcel Number
4952-00-85-6214
Land Assessment
$552,350
Improvements Assessment
$0
Total Assessment
$552,350
Contacts
-
Michael Berk -
Sam Wilson -
Patrick Nutt -
William Wamble -
SRS Real Estate Partners
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dunkin' & Aspen Dental - Elkin NC | 117 Morrison Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.