Share This Listing

Message

968 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Absolute NNN lease with minimal landlord responsibilities
  • Cap rate: 6.75%
  • Annual NOI: $87,738
  • Top 5% most visited location in North Carolina (Top 10% nationally per Placer.ai)

Executive Summary

Rare opportunity to acquire a single-tenant Dollar General investment property in Camden, North Carolina, leased to Dolgencorp, LLC and backed by a Dollar General Corporation guaranty. The ±9,026 SF building sits on approximately ±1.25 acres along US Highway 158 with approximately 17,000 vehicles per day (2024). The property is subject to an Absolute NNN lease, providing minimal landlord responsibilities, with the tenant responsible for operating expenses, maintenance, repairs, insurance, utilities, and real estate taxes. The current lease extends through April 30, 2030, with four 5-year renewal options featuring 10% rental increases, offering investors stable cash flow and long-term income growth. Located approximately 5 miles from Elizabeth City, the property serves the surrounding Camden County market while benefiting from Dollar General's established national retail platform.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2015
Price
$1,300,000
Price Per SF
$144.22
Cap Rate
6.75%
NOI
$87,738
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
CC
Parking
36 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
150’ on US Highway 158
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
02.8934.01.28.3106.0000
Land Assessment
$338,000
Improvements Assessment
$929,382
Total Assessment
$1,267,382
  • Listing ID: 41551089

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 139 US 158, Camden, NC 27921

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}