New Dollar General Investment
For Sale
Contact for pricing
Pending
138 Ledford St, Murphy, NC 28906
New Dollar General Plus store in Murphy, North Carolina.
Property Size10,640 SF
Days on Market162
Property Features for 138 Ledford St
General Information
Standard status
Pending
Size
10,640 SF
Total Parking Spaces
36
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Jul 24 at 12:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a 10,640 square foot Dollar General Plus store in Murphy, North Carolina. Scheduled for completion in 2026, the store is currently under construction and on track to open in April 2026. The property is subject to a Fifteen (15) Year Absolute NNN Lease, offering zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the four 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds a “BBB” credit rating, classified as Investment Grade. The property is strategically positioned on the corner of Ledford Street and Highway 74, benefiting from high visibility with a traffic count of 20,177 cars per day. The surrounding area includes residential homes and local businesses, making it a convenient location. The population within a 10-mile radius is 27,944, and the average household income within a 3-mile radius is $63,765 per year. The area is experiencing growth, with a 10-mile population growth rate of 9.60%. This offering is suitable for a 1031 exchange buyer or a passive investor seeking fee simple ownership. The list price reflects a 6.30% cap rate based on a net operating income of $159,024.
Key Highlights
- Brand new 2026 build‑to‑suit Dollar General Plus store with a 15‑year absolute NNN lease.
- Corporately guaranteed lease by Dollar General Corporation (credit rating “BBB” - Investment Grade).
- Strategic corner location on Ledford Street & Highway 74 with high visibility (20,177 cars per day).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
United Community Bank
Shops & Services
4,897 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
1,794 visits/mo
0.2 miles
Demographics for 28906, NC
19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lynn Eggley — murphy, nc 28906
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New Dollar General Plus store in Murphy, North Carolina.
Where is this grocery and convenience store located?
The property is located at 138 Ledford St Murphy, NC.
What is the asking price?
The asking price for this property is $2,524,190.
What are key features of this property?
This property features: Brand new 2026 build‑to‑suit Dollar General Plus store with a 15‑year absolute NNN lease.; Corporately guaranteed lease by Dollar General Corporation (credit rating “BBB” - Investment Grade).; Strategic corner location on Ledford Street & Highway 74 with high visibility (20,177 cars per day).
