1324 Burkemont Ave | Morganton, NC 28655
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- LoopNet Team
1324 Burkemont Ave
Morganton, NC 28655
Dollar General | Western NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Store underwent significant interior remodel in early 2025 solidifying Dollar General’s long-term commitment to the location
- Corporate lease and parent company guaranty (NYSE: DG) with investment grade credit ratings (S&P: BBB; Moody’s: Baa2)
- Heavy traffic counts on Burkemont Ave near the store of 22,000 cars/day and on I-40 of 44,000 cars/day
- High performing store ranked in the top 25% statewide and top 30% nationwide for the entire chain of 20,000+ locations (placer.ai)
- Strong retail market with 3.7 million SF of space that is 96.3% leased and experienced a 3.4% increase in asking rents YoY (costar)
- Over 36,300 residents within a 5-mile radius of the store with an average HH income of $82,000 and median HH income of $60,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.40 AC
Zoning
HID, C-O - Zoning HID, C-O
Parking
40 Spaces (4.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,111,044 | |
| Land Assessment | $375,000 | Total Assessment | $1,486,044 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$375,000
Improvements Assessment
$1,111,044
Total Assessment
$1,486,044
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