Dollar General Madison, NC

2951 U.S. 220
Madison, NC

Price: $1,494,723
Cap Rate: 6.50%
NOI: $97,157
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 8.215 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2016

Investment Overview

  • 2016 Construction. 9,100+/- SF Building on 8.215+/- Acre Site
  • 8 Years Remaining on Corporate NNN Lease w/ Zero Landlord Responsibilities
  • Located Along New I-73 Corridor (12,500+ VPD), Currently US Hwy 220, Scheduled to Continue into Virginia
  • Little to No Competition in the Immediate Trade Area of the Property
  • Dollar General is the Country’s Largest Small-Box Discount Retailer  | E-Commerce Resistant
  • Dollar General Added More Than 1,100 Stores in 2022 & Plan to Build 1,050 More in 2023
  • Madison |  30 Miles from Winston-Salem, NC & Greensboro, NC  |  NC Ranked 3rd for Growth Rate in 2022

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