Two-Property NNN Retail
For Sale
Contact for pricing
201 S Church St, Kenly, NC 27542
Corporate-guaranteed Dollar General locations feature absolute NNN leases with tenant responsibility for taxes, insurance, and maintenance.
Property Size16,983 SF
Days on Market137
Property Features for 201 S Church St
General Information
Standard status
Active
Size
16,983 SF
Class
B
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Institutional
Additional Details
Cap Rate
6.25%
Building Details
Year Built
2011
Buildings
2
Stories
1
Units
1
Tenancy
Single
Listing Agency:
eXp Commercial
(888) 584-9431
Listed By:
Jacqueline Lippard · License #NC 254301
Source:
Crexi
Added: Apr 16
Changed: Aug 30
Last Checked: Aug 30 at 1:48AM
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 eXp Commercial
Investment Insights
Based on property information with market context.
This two-property NNN portfolio includes Dollar General retail buildings totaling 16,983 square feet on 2.60 acres. The Kenly asset at 201 S. Church St. contains 9,173 square feet on 1.28 acres and was built in 2011. The Rocky Mount property at 559 E. Raleigh Blvd. includes 7,780 square feet on 1.32 acres. Both assets carry corporate-guaranteed, absolute NNN leases, with the tenant responsible for taxes, insurance, and maintenance. Each lease includes four 5-year renewal options.
The Kenly location sits along US 301 near I-95 and is positioned near Food Lion, McDonald’s, O’Reilly Auto Parts, and Circle K. The Rocky Mount site serves a larger regional trade area with nearby employers, healthcare, education, amenities, and commuter traffic. The properties are individually available or may be acquired together, with a stated 6.25% cap rate.
The Kenly location sits along US 301 near I-95 and is positioned near Food Lion, McDonald’s, O’Reilly Auto Parts, and Circle K. The Rocky Mount site serves a larger regional trade area with nearby employers, healthcare, education, amenities, and commuter traffic. The properties are individually available or may be acquired together, with a stated 6.25% cap rate.
Key Highlights
- Two Dollar General properties totaling 16,983 SF on 2.60 acres
- Corporate‑guaranteed absolute NNN lease structure
- Kenly: 9,173 sf building on 1.28 acres along US 301 near I‑95
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 31%
Groceries 4%
Hotels & Casinos 1%
Circle K
Shops & Services
25,301 visits/mo
0.4 miles
McDonald's
Dining
19,847 visits/mo
0.3 miles
Exxon
Shops & Services
8,208 visits/mo
0.4 miles
Dollar General
Shops & Services
6,935 visits/mo
0.2 miles
Dollar Tree
Shops & Services
6,914 visits/mo
0.4 miles
Demographics for 27542, NC
9,607
Population
4,307
Households
2.2
Avg Household Size
40
Median Age
17%
College-Educated
86%
High-School Grad
90.1 sq mi
ZIP Area
107
Density / Sq Mi
$56,157
Median Household Income
$39,217
Median Earnings
$769
Median Rent
$180,800
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?
NNN property - Corporate-guaranteed Dollar General locations feature absolute NNN leases with tenant responsibility for taxes, insurance, and maintenance.
Where is this nnn property located?
The property is located at 201 S Church St Kenly, NC.
What are key features of this property?
This property features: Two Dollar General properties totaling 16,983 SF on 2.60 acres; Corporate‑guaranteed absolute NNN lease structure; Kenly: 9,173 sf building on 1.28 acres along US 301 near I‑95
