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641 S Main St 8,000 SF Retail Building Kenansville, NC 28349 $688,296 ($86.04/SF) 7.15% Cap Rate

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EXECUTIVE SUMMARY

Positioned along Kenansville’s primary commercial corridor at the intersection of three main roads, this freestanding Dollar General enjoys exceptional visibility and convenient access from Highway 11/S. Main Street, the town’s main north-south thoroughfare. The property benefits from steady local traffic, strong community loyalty, and proximity to key neighborhood anchors including schools, municipal offices, and residential developments. Build to suite in 2000, DG has been committed to the location ever since and just renewed another 5 years through 2030 with an agreed upon escallation. Besides there is no competition within 7 miles guaranteeing their stay for much longer.
A rare opportunity to acquire a stable, income-producing asset backed by a Fortune 200 retailer in a growing eastern North Carolina market. Ideal for investors seeking predictable returns, inflation-resistant income, and zero management exposure.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2000
Price
$688,296
Price Per SF
$86.04
Cap Rate
7.15%
NOI
$49,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.49 AC
Zoning
General Commercial - Commercial corridor
Frontage
49’ on S Main St

AMENITIES

  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

IGA
Food Lion
First Bank NC
Hwy 55 Burgers Shakes & Fries

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-1737-1
Land Assessment
$101,900
Improvements Assessment
$0
Total Assessment
$101,900
  • Listing ID: 38396643

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 641 S Main St, Kenansville, NC 28349

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