For Sale
$864,355

550 Sandridge RdHubert, NC 28539

High-Yield Dollar General Store

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a single-tenant, 9,020-square-foot Dollar General storefront located at 550 Sand Ridge Rd, Hubert, NC 28539. Built in 2004, this property sits on a 1.18-acre lot and boasts a strong 6.75% cap rate, with an asking price of $864,355 ($95.83/sq ft). The property is a NNN lease with a single tenant and over five years remaining on the lease term. This high-performing location is consistently ranked among the top 3% of Dollar General stores nationally, situated within a rapidly expanding off-base housing community in Onslow County. Recent property improvements include resealing and restripping of the parking lot. The property features one building, one story, and is offered as a 1031 exchange opportunity. The APN is 046722. This is a prime retail investment with significant upside potential. Serious inquiries only; a completed NDA is required to receive the Offering Memorandum.

Highlights

  • $864,355 asking price for this 9,020 square foot retail storefront.
  • Located in Hubert, NC, at 550 Sand Ridge Rd, with a 1.18-acre lot.
  • NNN lease in place, single tenant, with over 5 years remaining.
  • Strong cap rate of 6.75%, and a price per square foot of $95.83.
  • Property features one building, built in 2004, and is suitable for a 1031 exchange.

Property Details for 550 Sandridge Rd

Property type
Retail properties, Retail space
Square Feet
9,020 SF
Year Built
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
51,401 SF
Units
1

Location Insight

City
Hubert
County
Onslow
State
North Carolina
Latitude
34.683407298219
Longitude
-77.212836988115
550 Sandridge Rd, Hubert, North Carolina

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550 Sandridge Rd
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