Log In/Sign Up
Your email has been sent.
Dollar General 2500 Lane St 9,100 SF Retail Building Kannapolis, NC 28083 $1,525,000 ($167.58/SF) 6.75% Cap Rate
Investment Highlights
- Absolute Net Lease
- Strategically located off I-85 | 77,500 VPD | Signalized corner intersection | Lane St & China Grove Rd | 15,000 VPD combined
- Corporate lease | Dolgencorp, LLC | 20,274 locations across the US & Mexico
- Top-performing location | Ranks in 89th percentile in North Carolina as one of the brand’s strongest stores based on visitation data from Placer.ai
- Healthy average household income levels | $94,433 average household income within a 1-mile radius
- Large industrial presence nearby | 1.8M SF of space within a 2-mile radius
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are please to present for sale Dollar General in Kannapolis, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
$1,525,000
Price Per SF
$167.58
Cap Rate
6.75%
NOI
$102,972
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.49 AC
Zoning
Commercial
Frontage
596’ on Lane St
Property Taxes
| Parcel Number | 5634-01-1144-0000 | Improvements Assessment | $1,426,400 |
| Land Assessment | $536,400 | Total Assessment | $1,962,800 |
Property Taxes
Parcel Number
5634-01-1144-0000
Land Assessment
$536,400
Improvements Assessment
$1,426,400
Total Assessment
$1,962,800
Contacts
-
Carl Brendes -
Ransome Foose -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General | 2500 Lane St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.