3756 NC Hwy 87, Reidsville, NC 27320
Recently built retail facility occupied under a corporate-guaranteed NNN lease with scheduled rent escalations.
Property Features for 3756 NC Hwy 87
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property sits directly off NC Hwy 29 at NC Hwy 87, with reported traffic volumes of 25,000 vehicles per day on Hwy 29 and 7,500 vehicles per day on Hwy 87. It is approximately 20 minutes north of downtown Greensboro and within the Greensboro-High Point-Winston-Salem MSA. Five-year option periods include 10% rent increases, and the tenant is identified as a publicly traded Fortune 500 company with an S&P investment grade credit rating of BBB.
Key Highlights
- 10,640 SF Dollar General facility completed with 2023 upgraded construction
- 14.5 years remaining on a 15‑year corporate‑guaranteed NNN lease
- Tenant responsible for taxes, insurance, roof, and structure
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 27320, NC
Market
Vacancy Rate% for Retail in South region