Dollar General Forest City, NC

138 Harrill Rd
Forest City, NC

Price: $1,292,144
Cap Rate: 6.25%
NOI: $80,759
Building Size: Approx. 9,026 Sq. Ft.
Lot Size: Approx. 1.85 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2015

Investment Overview

  • 2015 Construction. 9,026+/- SF Building on 1.85+/- Acre Site
  • Subject Property is Being Remodeled in Spring 2023
  • Corporate Guaranteed Absolute NNN Lease w/ a June 2030 Expiration and (4) 5 Year Options to Renew
  • Excellent Hard Corner Location at the Intersection of US-221 Hwy (6K VPD) and Harrill Rd
  • Little to No Competition Within 6 Miles of Subject Property
  • North Carolina was Ranked #3 Nationally for the Fastest Growing State in 2022
  • E-Commerce Resistant Retailer that Plans to Open an Additional 1,050 Stores in 2023
  • Forest City¬† |¬† Home to a Facebook Data Center