Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3738 Hwy 64 Harmony, NC 27028

    Sponsored
    For Sale
    $2,487,000

    High-Yield NC Retail Investment

    Property size:
    10,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General storefront in Mocksville, NC. Boasting a 15-year absolute NNN lease with a strong 6.60% cap rate and $164,169 annual NOI, this property offers significant passive income potential. The lease includes attractive 5% rental increases every five years, ensuring consistent growth. Located at a hard corner intersection on a major artery with high daily traffic counts, this property benefits from exceptional visibility and accessibility. The building, constructed in 2024, features a modern design with partial brick and wood siding. The tenant, Dollar General, is an investment-grade credit tenant (S&P rating: BBB), the nation's largest retailer with over 19,700 stores. This location serves a thriving community with strong average household incomes exceeding $72,000 within a 3-5 mile radius, and is strategically positioned near major highways (I-40), providing convenient access to Winston-Salem, Greensboro, and Knoxville. The property's proximity to schools, national forests, and state parks further enhances its appeal. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a long-term lease and built-in growth potential. The property is situated in Davie County, NC, at 3738 Hwy 64 W, Mocksville, NC 27028.

    Property Features for 3738 Hwy 64

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,640 SF

    Building Details

    Year Built
    2024
    Units
    1

    HighLights

    • $2,487,000 asking price for a 10,640 SF Dollar General storefront.
    • Absolute NNN lease with 15 years remaining.
    • 5% rental increases every 5 years.
    • Investment‑grade tenant (S&P BBB rating).
    • New construction in a high‑traffic location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Harmony
    County
    Davie
    State
    North Carolina
    Longitude
    -80.6903094
    Latitude
    35.9049483

    Nearby Similar for Sale

    • $150,000

      Commercial Building on Harmony Highway

      Commercial building with shop and office space in Harmony, NC.
      3374 Harmony Hwy, Harmony, NC 28634
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-Yield NC Retail Investment
    Where is this individual retail property located?
    The property is located at 3738 Hwy 64 Harmony, NC.
    What is the asking price?
    The asking price for this property is $2,487,000.
    What are key features of this property?
    This property features: $2,487,000 asking price for a 10,640 SF Dollar General storefront.; Absolute NNN lease with 15 years remaining.; 5% rental increases every 5 years.
    Request Owner's contact information
    3738 Hwy 64 Harmony, NC 27028
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3738 Hwy 64
    Harmony, NC 27028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3738 Hwy 64 Harmony, NC 27028
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.