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Building Details

Building Size 9,600 SF

Year Built 1967

Tenancy Single

Listed By: Dylan Abboud · License #442753 (GA) Show Phone

Source: Matthews

Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 1:53AM

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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 Dylan Abboud

Investment Insights

Based on property information with market context.

The retail property at 413 W Queen Street in Edenton, North Carolina, was built in 1967 and is occupied by Dollar General. The retailer has been at this location since 2003 and has exercised three lease extensions, followed by a recently signed five-year extension.

The lease is guaranteed by Dollar General, which has an S&P credit rating of BBB. A 12% rent increase is scheduled for the next renewal option.

Key Highlights

• Dollar General has operated at the property since 2003
• Recently executed a five‑year lease extension after exercising three prior extensions
• 12% rent increase scheduled in the next renewal option

Property Analytics

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Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

358

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,005 visits/mo 0.0 miles

Demographics for 27932, NC

11,930

Population

6,550

Households

1.8

Avg Household Size

49

Median Age

25%

College-Educated

87%

High-School Grad

130.4 sq mi

ZIP Area

91

Density / Sq Mi

$54,962

Median Household Income

$31,782

Median Earnings

$790

Median Rent

$206,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Dollar General has operated at the site since 2003 and has exercised multiple lease extensions.

Where is this nnn property located?

The property is located at 413 W Queen Street Edenton, NC.

What is the asking price?

The asking price for this property is $680,000.

What are key features of this property?

This property features: Dollar General has operated at the property since 2003; Recently executed a five‑year lease extension after exercising three prior extensions; 12% rent increase scheduled in the next renewal option