8547 N. NC-150 | Dollar General
8547 N. NC 150 Clemmons NC 27012
- Lease TypeNN
- Price$1,276,000
- Acres1.59
Just renewed- Dollar General in Clemmons, NC (Winston-Salem MSA). Recently renewed NN Lease
with corporate guarantor with minimal landlord responsibilities. Dollar General reimburses taxes and insurance and pays monthly CAM. Investment grade tenant with a S&P rating of BBB. Dollar General 2024 net sales +5%. Over 40,000 people in a 5 mile radius with average household income of $106,000.
Broker:
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Nick Gonzalez, CCIM Email
Details
Property Information
-
Property Type
Investment
-
Building SF
9,020
-
Year Built
2005
-
Acres
1.59
Pricing & Terms
-
Price
$1,276,000
-
Lease Type
NN
-
Lease Terms
Through 8/31/2023
-
NOI
$84,850
-
Cap Rate (Actual)
6.65%
-
Comments
Just renewed- Dollar General in Clemmons, NC (Winston-Salem MSA). Recently renewed NN Lease with corporate guarantor with minimal landlord responsibilities. Dollar General reimburses taxes and insurance and pays monthly CAM. Investment grade tenant with a S&P rating of BBB. Dollar General 2024 net sales +5%. Over 40,000 people in a 5 mile radius with average household income of $106,000.