11185 Us-301Lumberton, NC 28360

  • Retail properties
  • 10,640 SF
For Sale
$2,130,000 View listing

Property Details for 11185 Us-301

Year built
2024
Lot size
2.34 AC
Property size (Sq ft)
10,640 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 10,640-square-foot Dollar General located at 11185 US-301, Lumberton, North Carolina, 28360. Built in 2024, this single-story building sits on a 2.34-acre lot and offers 40 parking spaces. The property boasts a 15-year absolute NNN lease with a credit-rated, corporate-guaranteed tenant, Dollar General, providing minimal landlord responsibilities. Rent commences in November 2024 and includes 10% rent bumps at each of the five-year lease option periods. The asking price is $2,130,000, representing a price per square foot of $200.19 and a 6.75% cap rate, with a current NOI of $143,723. The property benefits from its strategic location near I-95 and Magnolia Elementary School, and enjoys strong average household incomes within a five-mile radius ($80,368, $90,975, and $96,086 respectively). This investment offers exceptional stability and growth potential, backed by a financially sound tenant with over 20,000 locations nationwide. The property's proximity to major roadways and a strong local demographic profile further enhance its long-term value. This is a rare opportunity to acquire a high-quality, net-leased retail property with a strong tenant and favorable lease terms.

11185 Us-301, Lumberton, North Carolina

Location Insight

City
Lumberton
County
Robeson
State
North Carolina
Latitude
34.7154
Longitude
-79.0022

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].