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8302 Belews Creek Rd 12,024 SF 100% Leased Retail Building Stokesdale, NC 27357 $1,466,666 ($121.98/SF) 7.50% Cap Rate
Executive Summary
Lee & Associates is pleased to present 8302 Belews Creek Road, a stabilized multi-tenant retail investment opportunity in Stokesdale, North Carolina. The property is anchored by Dollar General, occupying 10,675 square feet as the primary daily-needs retailer for the surrounding community, alongside Village Pizza at 1,575 square feet and a SECU ATM that enhances on-site traffic and convenience. Dollar General has two remaining five-year renewal options, supporting long-term income stability. The asset generates a current NOI of $115,132 and is offered at a 7.50% cap rate, equating to an asking price of $1,466,666, presenting investors with a secure, necessity-based retail investment in a growing northwest Guilford County trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,024 SF
Building Class
B
Year Built
2007
Price
$1,466,666
Price Per SF
$121.98
Cap Rate
7.50%
NOI
$110,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
7.81 AC
Zoning
RS-30
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0164669 | Improvements Assessment | $762,100 |
| Land Assessment | $599,000 | Total Assessment | $1,361,100 |
Property Taxes
Parcel Number
0164669
Land Assessment
$599,000
Improvements Assessment
$762,100
Total Assessment
$1,361,100
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8302 Belews Creek Rd
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