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3770 Hub Mill Rd
Elon, NC 27244
Retail Property For Sale
Investment Highlights
- Growing Trade Area: Elon, NC enjoys excellent regional connectivity to Burlington, Greensboro, and the broader Piedmont Triad
- Long-Term Lease Security: More than 10 years remaining on the initial term, plus five (5), 5-year renewal options
- Hands-Off Triple-Net Investment: True absolute NNN lease structure eliminates all landlord responsibilities, providing a fully passive ownership
- Strategically Positioned: Directly across from Altamahaw-Ossipee Elementary School (serving 600+ students), delivering consistent daily traffic
- Secure, Creditworthy Tenant: Backed by Dollar General’s corporate guarantee and investment-grade “BBB” credit rating (S&P)
- Essential Retailer with Resilient Model: Dollar General was classified as an essential retailer during the COVID-19 pandemic
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.65 AC
Parking
37 Spaces (4.11 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 118551 | Improvements Assessment | $1,377,737 |
| Land Assessment | $72,020 | Total Assessment | $1,449,757 |
Property Taxes
Parcel Number
118551
Land Assessment
$72,020
Improvements Assessment
$1,377,737
Total Assessment
$1,449,757
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