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Lenoir, NC - Dollar General

$1,351,000

308 Blowing Rock Blvd, Lenoir, NC 28645

Active
Last Updated: 12/17/2025

7.25

Cap Rate

97,920

NOI

Details:
Cap Rate:    7.25%
NOI:    $97,920
Building Size:    9,100 sqft
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

Map:
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