Dollar General
Single-Tenant Offerings
Dollar General
1125 10th St Blvd
Hickory, NC
- Price:
- $1,902,000
- Cap Rate:
- 5.65%
- NOI:
- $107,494
- Rentable SQFT:
- 9,100 SF
- Year Built:
- 2021
- Lot Size:
- 2.60 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease
- Brand New Upgraded Construction, Rare All-Wood Prototype
- Investment Grade Credit Tenant, Rated BBB by S&P
- 10% Increases Every 5 Years Beginning in Options
- Dollar General has Experienced 30 Consecutive Years of Same-Store Sales Growth
- Serving Over 102,000 Residents in Rapidly Growing Trade Area
- Average Household Income Exceeds $76,000 Within 3 and 5 Miles
- Highly Visible to Over 13,000 Cars/Day Along Major Thoroughfare
- Just off Highway 321 with Over 36,000 Cars/Day, Direct Access to Downtown Charlotte
- Strong Daytime Population, Over 48,800 Employees Within 5 Miles
- 3/4 Mile to L.P. Franz Baseball Stadium, Annual Attendance of 137,546
- 2 Miles to Frye Regional Medical Center with 1,482 Employees
- 2.5 Miles to Lenoir Rhyne University with 2,303 Students
- Close Proximity to Several K-12 Schools with 4,228 Students
- Just East of South Mountains State Park with 300,000 Annual Visitors, the Largest State Park in North Carolina
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