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Dollar General Farmville, NC 5476 May blvd 10,800 SF Retail Building Farmville, NC 27828 $1,927,467 ($178.47/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Nationally Recognized & Investment-Grade Rated Tenancy
- Greenville, NC MSA
- NNN Lease with 5% Rent Increases Every 5 Years During the Initial Term and Options
- Average Household Income of $76,911 within 3-Miles
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 10,800-square-foot Dollar General located on 1.30 acres in Farmville, NC -- part of the Greenville, NC MSA. Dollar General's NNN lease features ±13.8 years of term remaining and 5% rent increases every 5 years during the initial term and options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,800 SF
Building Class
C
Year Built
2024
Price
$1,927,467
Price Per SF
$178.47
Cap Rate
6.75%
NOI
$130,104
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
HBD
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Maury Vanden Eykel -
Jack Kauss -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
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Dollar General Farmville, NC | 5476 May blvd
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