For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dollar General NNN Leased Investment Title is generated by Realmo AI

    25 Dock Rd, Whiteville, NC

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Single-tenant retail building leased to Dollar General through 2031.

    Type:RETAIL
    Property size:
    9,100 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $140/SF
    Added:
    Jun 16, 2025
    Days on Market:
    359
    Last Refresh:
    May 20 at 8:09 pm

    Property Features for 25 Dock Rd

    General Information

    Standard status
    Active
    Size
    9,100 SF
    Lot size
    2.00 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Matthew C. Hagler
    Matthew C. Hagler

    Listing agent Matthew C. Hagler License #206869

    Listing office KW Commercial-Ballantyne

    Listing date Jun 16, 2025

    Source Moodyscre

    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

    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.
    • Five (5 year) renewal options with 10% Rental Rate Increases at the start of each option term.
    • Secure, predictable cash flow with full tenant responsibility for taxes, insurance, and maintenance.
    • Hard corner location with multiple points of ingress/egress.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $154,522 @ 7.0% cap · market cap 12.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Kitchen & Bath Showroom Food Market Grocery & Convenience Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.5965
    Latitude
    34.1672

    FAQs

    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.
    (704) 408-8867 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message