Dollar General NNN
For Sale
Contact for pricing
Pending
7486 Andrew Jackson Hwy SW, Cerro Gordo, NC 28430
New-construction retail asset occupied under a long-term triple-net lease with multiple extension options.
Property Size10,566 SF
Days on Market143
Property Features for 7486 Andrew Jackson Hwy SW
General Information
Standard status
Pending
Size
10,566 SF
Property subtype
Retail
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Kyle Blatt · License #CA 02017976
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:47PM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This offering features a 10,566-square-foot Dollar General building completed in 2023 at 7486 Andrew Jackson Hwy SW in Cerro Gordo, North Carolina. The property is structured for single-tenant retail use and is occupied by Dollar General.
The lease is a 15-year triple-net agreement with five additional five-year options. Contractual increases of 10% are included in the lease structure. Dollar General is a publicly traded company identified in the property information with a BBB investment-grade credit rating from Standard & Poor’s, a $49.5 billion market capitalization, and annual revenue exceeding $33.75 billion.
The lease is a 15-year triple-net agreement with five additional five-year options. Contractual increases of 10% are included in the lease structure. Dollar General is a publicly traded company identified in the property information with a BBB investment-grade credit rating from Standard & Poor’s, a $49.5 billion market capitalization, and annual revenue exceeding $33.75 billion.
Key Highlights
- 10,566‑square‑foot Dollar General building completed in 2023
- 15‑year triple‑net lease structure
- Five five‑year extension options with 10% increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
5,513 visits/mo
0.1 miles
Dollar General
Shops & Services
4,200 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,135 visits/mo
0.1 miles
Valero Energy
Shops & Services
2,091 visits/mo
0.1 miles
Demographics for 28430, NC
1,522
Population
940
Households
1.6
Avg Household Size
44
Median Age
10%
College-Educated
91%
High-School Grad
46.9 sq mi
ZIP Area
32
Density / Sq Mi
$66,786
Median Household Income
$43,688
Median Earnings
$594
Median Rent
$121,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction retail asset occupied under a long-term triple-net lease with multiple extension options.
Where is this nnn property located?
The property is located at 7486 Andrew Jackson Hwy SW Cerro Gordo, NC.
What are key features of this property?
This property features: 10,566‑square‑foot Dollar General building completed in 2023; 15‑year triple‑net lease structure; Five five‑year extension options with 10% increases
