1848 E DIXON Boulevard Shelby, NC 28152

Building Details

Year Built

2002

Listing office RE/MAX SELECT d***@aol.com Show Phone

Listing date May 16, 2026

Source Corcoran

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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.

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FAQs

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.**