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559 E Raleigh Blvd 7,780 SF Retail Building Rocky Mount, NC 27801 $1,396,022 ($179.44/SF) 6.25% Cap Rate
Investment Highlights
- Dollar General (NYSE: DG) is a chain of more than 20,000 discount stores in 48 states, primarily in the South, East, Midwest, and Southwest.
- The company’s net sales hit $40.61 billion in fiscal year 2025, a 4.96% increase from 2024.
Executive Summary
Dollar General is strategically positioned along major commercial corridors with strong visibility, traffic counts, and proximity to established retailers and daily-needs services. The store was constructed in 2011 and sit on fee-simple parcels, offering long-term real estate value in addition to durable cash flow.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,780 SF
Year Built
2011
Price
$1,396,022
Price Per SF
$179.44
Cap Rate
6.25%
NOI
$87,251
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.32 AC
Zoning
B1 - Business
Parking
20 Spaces (2.57 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3759-99-0591-00 | Improvements Assessment | $859,211 |
| Land Assessment | $62,000 | Total Assessment | $921,211 |
Property Taxes
Parcel Number
3759-99-0591-00
Land Assessment
$62,000
Improvements Assessment
$859,211
Total Assessment
$921,211
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559 E Raleigh Blvd
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