5517 Us-21Jonesville, NC 28642

Property Details for 5517 Us-21

Year built

2022

Lot size

1.91 AC

Property size (Sq ft)

10,640 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This offering presents a fee-simple ownership opportunity in a 10,640-square-foot Dollar General Plus store located at 5517 US-21, Jonesville, NC 28642. Built in 2022 on a 1.91-acre lot, the property boasts a 15-year NNN lease with Dollar General Corporation, a leading discount retailer with an S&P investment-grade credit rating of BBB/Stable. The lease, commencing June 13, 2022, and expiring May 31, 2037, includes five five-year renewal options, each with a 10% rent increase. The property benefits from a prime location with direct frontage to the US Highway 21 and Interstate 77 interchange, ensuring high visibility and accessibility. The current annual net operating income (NOI) is $113,448, representing a 6.75% capitalization rate and a price per square foot of $10.66. The asking price is $1,680,711. This passive investment opportunity offers significant long-term value and stability, backed by a strong tenant and favorable lease terms. The property's essential business nature and corporate guarantee provide a secure and attractive return for investors seeking a low-maintenance, high-yield retail investment. The 100% occupancy further enhances the investment's appeal.

Location Insight

City

Jonesville

County

Yadkin

State

North Carolina

Latitude

36.1941

Longitude

-80.8092

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].