High-Visibility Dollar General
For Sale
$700,000
1848 E DIXON Boulevard, Shelby, NC 28152
Dollar General store with corporate-backed lease and high traffic.
Property Size8,190 SF
Price / SF$85.47
Days on Market107
Property Features for 1848 E DIXON Boulevard
General Information
Standard status
Active
Size
8,190 SF
Property subtype
Commercial
Amenities
Metal Roof
Insulated Roof
Level
Open Lot
Paved
Building Details
Year Built
2002
Listing Agency:
RE/MAX SELECT
(704) 487-7653
Listed By:
DONALD PEELER · License #122980
Source:
Corcoran
Added: May 16
Changed: Aug 8
Last Checked: Aug 29 at 7:59AM
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 RE/MAX SELECT
Investment Insights
Based on property information with market context.
This is an 8,190 square foot Dollar General store built in 2002. The property is located 75 feet from a 6-way signalized intersection, offering high visibility and traffic. The current modified NNN lease generates a gross annual income of $55,788, which includes property tax, parking lot maintenance, and insurance reimbursement. The current CAP Rate is 8.3%. The store is in very good condition and has been locally owned and maintained since its construction in 2002. New Dollar General signage is planned for 2025. NCDOT data from 2024 indicates that between 30,000 and 33,000 vehicles pass in front of the property daily.
Key Highlights
- High‑visibility location with high traffic count (30,000‑33,000 vehicles per day).
- Corporate Dollar General backed lease.
- Current 8.3% CAP Rate.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
71k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Leisure 34%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
27,959 visits/mo
0.5 miles
AMC CLASSIC Shelby 10
Leisure
24,382 visits/mo
0.5 miles
Taco Bell
Dining
9,525 visits/mo
0.5 miles
Ruby Tuesday
Dining
9,434 visits/mo
0.4 miles
Demographics for 28152, NC
25,643
Population
11,134
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
90%
High-School Grad
79.5 sq mi
ZIP Area
323
Density / Sq Mi
$55,926
Median Household Income
$36,149
Median Earnings
$904
Median Rent
$188,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Dollar General store with corporate-backed lease and high traffic.
Where is this grocery and convenience store located?
The property is located at 1848 E DIXON Boulevard Shelby, NC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High‑visibility location with **high traffic count (30,000‑33,000 vehicles per day)**.; Corporate Dollar General backed lease.; Current 8.3% CAP Rate.**
