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