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Dollar General 1658 NC Highway 704 10,678 SF Retail Building Madison, NC 27025 $2,504,000 ($234.50/SF) 6.70% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 brand new construction | Fresh 15-year lease term
- New Dollar General lease structure with rent increases in the primary term | 5% every 5 years
- Corporate Lease | Dolgencorp, LLC | 20,274 locations across the U.S. and Mexico | Investment grade credit | Baa2/BBB
- Absolute Net Lease | Zero landlord responsibilities
- Strategically located on a hard corner | NC-704 & McCollum Rd
- Large parcel | 2.64 acres
EXECUTIVE SUMMARY
Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Dollar General in Madison, NC. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,678 SF
Year Built
2025
Price
$2,504,000
Price Per SF
$234.50
Cap Rate
6.70%
NOI
$167,748
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.64 AC
Zoning
Commercial
Parking
44 Spaces (4.12 Spaces per 1,000 SF Leased)
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Dollar General | 1658 NC Highway 704
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