Dollar General NNN Leased
25 Dock Rd Whiteville, NC
For Sale
Contact for pricing
Single-tenant retail building leased to Dollar General through 2031.
Property Size9,100 SF
Lot Size2.00 Acres
Price / SF$140.11
Days on Market409
Property Features for 25 Dock Rd
General Information
Standard status
Active
Size
9,100 SF
Lot size
2.00 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial-Ballantyne
(704) 408-8867
Listed By:
Matthew C. Hagler · License #206869
(704) 408-8867
Source:
Moodyscre
Added: Jun 16, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:16AM
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 KW Commercial-Ballantyne
Investment Insights
Based on property information with market context.
This single-tenant retail building is currently leased to Dollar General under an absolute NNN lease that extends through 2031. The lease includes five 5-year renewal options, offering long-term income stability. Dollar General is recognized as a high-performing national discount retailer with consistent sales across economic cycles, particularly in smaller communities. The lease structure ensures a secure and predictable cash flow, with the tenant responsible for all taxes, insurance, and maintenance. The property is located on a hard corner and features multiple points of ingress and egress. The property size is 9,100 square feet.
Key Highlights
- Absolute NNN lease to Dollar General through 2031, providing long‑term income stability.
- Dollar General is a top‑performing national discount retailer with resilient sales.
- No Landlord Responsibilities due to the NNN lease structure.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $18.00 |
| − Vacancy | −$6.9k | −$0.76 |
| EGI | $156.9k | $17.24 |
| − OpEx | −$47.1k | −$5.17 |
| NOI | $109.8k | $12.07 |
9,100 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,844 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.93M – $2.58M
NOI $154,522 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant retail building leased to Dollar General through 2031.
Where is this storefront property located?
The property is located at 25 Dock Rd Whiteville, NC.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Absolute NNN lease to Dollar General through 2031, providing long‑term income stability.; Dollar General is a top‑performing national discount retailer with resilient sales.; No Landlord Responsibilities due to the NNN lease structure.
