For Sale
$1,298,400

5095 Oxford RdRoxboro, NC 27574

Dollar General Store, NNN Lease, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 9,301 square foot Dollar General store situated on a 1.31-acre lot in Roxboro, North Carolina. Built in 2020, the property boasts a strong, absolute NNN lease with zero landlord responsibilities, ensuring minimal operational involvement. The current lease term extends to November 30th, 2035, providing over 11 years of remaining lease term, further enhanced by five 5-year renewal options. The tenant, Dollar General Corporation, is a Fortune 500 company with an investment-grade credit rating of BBB and a significant market capitalization, providing exceptional financial stability and security. The property generates a substantial net operating income (NOI) of $84,396, resulting in an attractive 6.5% capitalization rate at the asking price of $1,298,400. Located at 5095 Oxford Road, Roxboro, NC 27574, this property offers a compelling combination of long-term lease stability, strong tenant creditworthiness, and a high-yielding return on investment. The property's 100% occupancy further solidifies its value and potential for future growth. This is a rare opportunity to acquire a high-performing retail asset with significant long-term potential.

Highlights

  • 9,301 SF Dollar General store on 1.31 acres.
  • Built in 2020.
  • NNN lease expiring 12/1/2035 (11+ years remaining) with five 5-year renewal options.
  • Absolute NNN lease; no landlord responsibilities.
  • Strong corporate guarantee from investment-grade rated (BBB) Fortune 500 company, Dollar General Corporation ($30B+ market cap).
  • NOI: $84,396; Asking Price: $1,298,400; Cap Rate: 6.5%.

Property Details for 5095 Oxford Rd

Property type
Retail properties
Square Feet
9,301 SF
Year Built
2020
Lot Size (sq. ft)
57,064 SF

Location Insight

City
Roxboro
County
Person
State
North Carolina
Latitude
36.3441444
Longitude
-78.8974976
5095 Oxford Rd, Roxboro, North Carolina

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5095 Oxford Rd
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