Lenoir, NC - Dollar General
$1,351,000
308 Blowing Rock Blvd, Lenoir, NC 28645
7.25
Cap Rate
97,920
NOI
Details:
Description:
• Dollar General has operated at this location for 12+ years and has 2+ years remaining on their current lease
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,100 locations in 47 states as of May 2024
Note, this asset must be purchased along with a Family Dollar in Macon, GA. Located at 3656 Jeffersonville Road Macon, GA. Please inquire within for more information pertaining to the portfolio sale.
- Dollar General is strategically fronting Blowing Rock Blvd averaging 45,000 VPD
- The site benefits from recent development of a AFC Urgent Care, T-Mobile, and Valvoline that are directly in front of the subject property
- Blowing Rock Road is the primary thoroughfare serving Lenoir with several surrounding retailers such as Planet Fitness, ALDI, Walmart Supercenter, Walgreens, Chick-fil-A, and more
- The asset has excellent visibility via street frontage providing ease and convenience for customers
Location
Gallery