Dollar General Mini Market
Single-Tenant Offerings
Dollar General Mini Market
3738 Hwy 64 W
Mocksville (Winston-Salem MSA), NC
- Price:
- $2,487,000
- Cap Rate:
- 6.60%
- NOI:
- $164,169
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2024
- Lot Size:
- 1.937 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
- Brand New Construction with Partial Brick and Wood-Siding on an Oversized Parcel
- Serving Over 44,000 Residents in Davie County Trade Area
- Strong Average Household Incomes in Excess of $72,000 within 3 and 5 Miles
- Hard Corner Location at Four-Way Intersection, Major East/West Artery Connects to Raleigh
- Just Off I-40 with 30,000 Cars/Day, Direct Access to Winston-Salem, Greensboro, and Knoxville
- Surrounded by Several K-12 Schools with 7,000+ Students
- Close Proximity to Pisgah-Nantahala National Forests with 10+ Million Visitors Annually
- Northeast of South Mountains State Park with Approximately 300,000 Visitors/Year
- 25 Miles West of Winston-Salem and 51 Miles North of Charlotte
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