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Dollar General NNN Property
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160 N Koontz Rd, Lexington, NC 27295

Build-to-suit store with a long-term NNN lease backed by Dollar General Corporation.

Property Size10,640 SF
Lot Size3.65 Acres
Days on Market142

Property Features for 160 N Koontz Rd

General Information

Standard status Active
Size 10,640 SF
Lot size 3.65 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 8,550 vehicles/day

Building Details

Year Built 2022
Buildings 1
Tenancy Single
Listing Agency: NorthMarq - Newport Beach
Listed By: Brett Butler · License #TX 558227
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:03AM

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 NorthMarq - Newport Beach

Investment Insights

Based on property information with market context.

This 10,640-square-foot Dollar General Plus facility was completed in 2022 as a build-to-suit property, providing 1,500 SF of additional store area compared with traditional Dollar General models. The improvements occupy a 3.65-acre corner parcel at N Koontz Rd and U.S. Hwy 64 in Lexington, North Carolina.

The property is leased on a long-term NNN basis, with Dollar General Corporation providing the lease guarantee. The remaining lease term is 14.9 years, extending through September 2037, and the agreement includes five renewal options with fixed 10% rental escalations. U.S. Hwy 64 supports 8,550 vehicles per day at the intersection.

Key Highlights

  • 10,640‑square‑foot Dollar General Plus building completed in 2022
  • Build‑to‑suit format adds 1,500 SF over traditional Dollar General models
  • 3.65‑acre corner parcel at N Koontz Rd and U.S. Hwy 64

Property Analytics

Current Use

Dollar General Grocery & Convenience Store

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom Hair Salon Cafe & Coffee Shop Nail Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8,550 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,172 visits/mo 0.2 miles

Demographics for 27295, NC

39,042
Population
16,775
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
127.6 sq mi
ZIP Area
306
Density / Sq Mi
$65,446
Median Household Income
$39,150
Median Earnings
$866
Median Rent
$191,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Build-to-suit store with a long-term NNN lease backed by Dollar General Corporation.
Where is this nnn property located?
The property is located at 160 N Koontz Rd Lexington, NC.
What are key features of this property?
This property features: 10,640‑square‑foot Dollar General Plus building completed in 2022; Build‑to‑suit format adds 1,500 SF over traditional Dollar General models; 3.65‑acre corner parcel at N Koontz Rd and U.S. Hwy 64
(949) 270-3690 Call to check price and availability
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