Dollar General
Single-Tenant Offerings
Dollar General
13814 NC-55 Highway
Bayboro, NC
- Price:
- $1,565,000
- Cap Rate:
- 6.05%
- NOI:
- $94,704
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2023
- Lot Size:
- 1.70 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Rental Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally As An Essential Retailer for Daily Shopping Needs
- Brand New Upgraded Construction with Brick Façade on an Oversized Parcel
- Situated in the Greenville-New Bern-Kinston CSA with Over 427,000 Residents
- Highly Visible Along Major East/West Artery, Direct Access to Downtown New Bern
- Down the Street from Multiple K-12 Schools with Over 1,000 Students
- Northeast of Croatan National Forest with Approximately 2.1+ Million Visitors Annually
- NC East Region Tourism Expenditures Exceed $3.95 Billion
- Close Proximity to MCAS Cherry Point with a Base Population of Approximately 40,000
- Just North of the Crystal Coast with 50,000 Tourists Each Week During the Summer
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