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Dollar General 128 Waxhaw Pkwy 8,000 SF Retail Building Waxhaw, NC 28173 $1,500,000 ($187.50/SF)
Investment Highlights
- 8,000 SF free-standing building
- 100% occupancy
- Constructed in 2003, Zoned CC
Executive Summary
Introducing a compelling retail investment opportunity in one of Union County’s fastest-growing submarkets. This ±8,000 SF free-standing retail building features a stabilized, corporate-backed tenant structure with a Triple Net (NNN) lease in place, providing reliable in-place income and limited landlord responsibilities. Positioned along Waxhaw Parkway, the property benefits from strong visibility, established operations, and continued growth throughout the surrounding corridor.
Further enhancing the investment’s long-term upside is the property’s immediate adjacency to the planned Emerson Park mixed-use development, anticipated to include approximately 132,000 square feet of retail/office space alongside roughly 850 residential units. The scale and proximity of this development are expected to further increase consumer traffic, retail demand, and long-term appreciation potential within the Waxhaw market.
Further enhancing the investment’s long-term upside is the property’s immediate adjacency to the planned Emerson Park mixed-use development, anticipated to include approximately 132,000 square feet of retail/office space alongside roughly 850 residential units. The scale and proximity of this development are expected to further increase consumer traffic, retail demand, and long-term appreciation potential within the Waxhaw market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
8,000 SF
Year Built
2003
Price
$1,500,000
Price Per SF
$187.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
CC - Conditional Zoning district, allowing for specific land uses and conditions beyond standard zoning
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-141-004-M | Improvements Assessment | $278,900 |
| Land Assessment | $276,000 | Total Assessment | $554,900 |
Property Taxes
Parcel Number
06-141-004-M
Land Assessment
$276,000
Improvements Assessment
$278,900
Total Assessment
$554,900
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Dollar General | 128 Waxhaw Pkwy
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