1217 Main St Graham, NC 27253

This exceptional investment opportunity presents a fee-simple ownership of a top-performing Dollar General store located at 1217 S Main St, Graham, NC 27253. The 9,217 square foot building, constructed in 2010, sits on a 1.2-acre lot and boasts a strong 7.00% cap rate with a current NOI of $97,798. The property benefits from a triple-net (NNN) lease with Dollar General Corporation, a Fortune 500 company, providing a secure and stable income stream. The lease, originally commenced on October 7, 2009, has a remaining term of 9.4 years, with a recent 10-year extension secured through April 29, 2034, including 10% rent bumps in each option period. This strategically located store, in a high-traffic area with significant retail synergy and school presence, is ranked in the top 6% of all Dollar Generals in North Carolina and the top 10% nationally, according to Placer.ai. The asking price is $1,397,100, translating to $151.58 per square foot. The property's prime location between the Triad and Triangle regions of North Carolina, coupled with projected population growth, ensures long-term value and stability. This is a rare opportunity to acquire a highly sought-after, low-management, net-lease investment with a strong tenant and significant upside potential. The property is offered as a 1031 exchange opportunity.