2526 Blacksburg Rd Grover, NC 28073
High-Yield Net Lease Retail Property
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 9,026 SF Dollar General storefront on a 2-acre lot in Grover, NC.
- Built in 2015, with a 15-year lease (2030 expiration) plus five 5-year options, each with a 10% rent increase.
- Strong 7.25% cap rate, generating $77,836 NOI.
- 100% occupancy under a single-tenant net lease with Dollar General.
- Asking price: $1,075,000.
Property Details for 2526 Blacksburg Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 9,026 SF
- Year Built
- 2015
- Lot Size (sq. ft)
- 87,120 SF
Location Insight
- City
- Grover
- County
- Cleveland
- State
- North Carolina
- Latitude
- 35.2096461
- Longitude
- -81.5313318
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Net Lease Retail Property
- Where is the retail property located?
- The property is located at 2526 Blacksburg Rd Grover, NC.
- What is the asking price?
- The asking price for this property is $1,075,000.
- What are key features of this property?
- This property features: 9,026 SF Dollar General storefront on a 2-acre lot in Grover, NC.; Built in 2015, with a 15-year lease (2030 expiration) plus five 5-year options, each with a 10% rent increase.; Strong 7.25% cap rate, generating $77,836 NOI.
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