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Dollar General Sophia, NC 3757 Caraway Mountain Road 10,875 SF Retail Building Sophia, NC 27350 $1,808,584 ($166.31/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 2024 Construction
- 5% Rent Increases Every 5 Years Throughout Term & Five 5-Year Renewal Options
- NNN Lease
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offer for sale the 10,875-square-foot Dollar General situated on 2.23 acres within Sophia, NC - a component of the Greensboro-High Point, NC MSA. Built in 2024, Dollar General's NNN lease features ±13.9 years of primary term remaining with a 5% rent increase every 5 years throughout the initial term and in each of the five, 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,875 SF
Building Class
C
Year Built
2024
Price
$1,808,584
Price Per SF
$166.31
Cap Rate
6.85%
NOI
$123,888
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.23 AC
Zoning
LICD
PROPERTY TAXES
| Parcel Number | 7732-57-2024 | Improvements Assessment | $72,610 |
| Land Assessment | $148,780 | Total Assessment | $221,390 |
PROPERTY TAXES
Parcel Number
7732-57-2024
Land Assessment
$148,780
Improvements Assessment
$72,610
Total Assessment
$221,390
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Dollar General Sophia, NC | 3757 Caraway Mountain Road
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