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1985 Greenville Hwy
Brevard, NC 28712
Dollar General · Retail Property For Sale
Investment Highlights
- • Ideal 1031 Exchange Property for an investor seeking a reliable source of passive income.
- • Corporate Guaranteed Lease by Dollar General (S&P: BBB).
- • Absolute Triple-Net (NNN) lease with Dollar General paying for all the taxes, insurance, and maintenance.
- • 13.50 years remaining on the current 15 year term with Five, 5-Year options to extend with 10.00% annual rental increases during options
- • Offered Price of $2,030,00 yielding a 5.1% Cap Rate on a Stabilized Investment.
- • 2% Commission to buyer’s agent
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.84 AC
Parking
102 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
1,617’ on Greenville Highway
Amenities
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 8595-00-3541-000 | Improvements Assessment | $1,034,480 |
| Land Assessment | $293,940 | Total Assessment | $1,328,420 |
Property Taxes
Parcel Number
8595-00-3541-000
Land Assessment
$293,940
Improvements Assessment
$1,034,480
Total Assessment
$1,328,420
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