25 Dock Rd, Whiteville, NC
Single-tenant retail building leased to Dollar General through 2031.
- 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
Listing agent Matthew C. Hagler License #206869 (704) 408-8867
Listing office KW Commercial-Ballantyne (704) 408-8867
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Whiteville
- County
- Columbus
- State
- North Carolina
- Longitude
- -78.5965
- Latitude
- 34.1672