4242 Hwy 24 | Newport, NC 28570
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- LoopNet Team
4242 Hwy 24
Newport, NC 28570
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranty (NYSE: DG): All Leases are Corporately Guaranteed by Dollar General with Over 18,000 Locations Nationwide and an S&P Credit Rating
- Absolute-Net Lease (Zero Landlord Responsibilities): 11 Years Remaining with 10% Increases in Each of the Four, 5 Year Options.
- Strong Investment Tenant: Dollar General has been in Business for 83 Years and has a Current Net Worth of Over $54.4 Billion.
- Limited Competition: Dollar General Serves as the Main Source of Goods for the Population.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.06 AC
Zoning
RA
Frontage
80’ on North Carolina 24
PROPERTY TAXES
| Parcel Number | 6305.01.36.7573000 | Improvements Assessment | $1,463,799 |
| Land Assessment | $179,240 | Total Assessment | $1,643,039 |
PROPERTY TAXES
Parcel Number
6305.01.36.7573000
Land Assessment
$179,240
Improvements Assessment
$1,463,799
Total Assessment
$1,643,039
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