4242 Hwy 24
Newport, NC 28570
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to present for sale a 9,026 square foot single-tenant Dollar General located in Newport, North Carolina. The subject property was built in 2019 and is positioned on 3.06+/- acres. The lease is guaranteed by Dollar General with S&P: BBB credit. The tenant is responsible for all expenses including roof and structure. Dollar General has five, five-year options with 10-percent rental increases each option period. The subject property is located off of North Carolina Highway 24 between Jacksonville, North Carolina and Morehead City, North Carolina. Immediate points of interests surrounding the property include a Speedway, Dunkin’ Donuts, SunCoast Homes & Development (local home builder), and West Carteret Water Corporation. A newly constructed single-family home community called Cannonsgate at Bogue Sound is located across Highway 24 from the subject property. An additional new construction neighborhood, Salt Creek, is also being constructed within close proximity to the subject property. The US Marine Corps Landing Field, Lowe’s Home Improvement, Lowes Foods, multiple chain restaurants including Chick Fil A, Which Wich, and McDonalds, are also within a 10-mile radius.