For Sale
$1,330,924

3500 Us-64 Hayesville, NC 28904

High-yield NNN retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 3500 US-64, Hayesville, NC 28904. The property sits on a 1.5-acre lot and is zoned for commercial use. This single-tenant, net lease property offers a strong, national tenant with a lease expiration date of February 28, 2033, providing a remaining lease term of approximately 8.2 years. The property currently operates under a NNN lease structure, minimizing landlord responsibilities. The Dollar General store holds a beer and wine license, adding a significant revenue stream. Situated in Clay County, this location benefits from a favorable demographic profile, including a growing population and high average household income. The property enjoys a prominent position along US-64, surrounded by other established businesses, ensuring high visibility and consistent foot traffic. The asking price is $1,330,924. This investment offers a compelling opportunity for a secure, long-term return. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any investment portfolio. The property's current cap rate is 7.25%.

Highlights

  • National credit tenant: Dollar Tree.
  • Long-term lease expiring February 28, 2033.
  • 7.5% capitalization rate.
  • Sells beer and wine.

Property Details for 3500 Us-64

Property type
Retail properties, Grocery and convenience stores

Location Insight

City
Hayesville
County
Clay
State
North Carolina
Latitude
35.0381418102
Longitude
-83.76088398352

FAQs

What type of property is this?
Retail property - High-yield NNN retail investment.
Where is the retail property located?
The property is located at 3500 Us-64 Hayesville, NC.
What is the asking price?
The asking price for this property is $1,330,924.
What are key features of this property?
This property features: National credit tenant: Dollar Tree.; Long-term lease expiring February 28, 2033.; 7.5% capitalization rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3500 Us-64
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