5530 Nc-24Bogue, NC 28570

This exceptional investment opportunity presents a single-tenant, Class A Dollar General storefront located at 5530 NC-24 in Newport, North Carolina. Boasting 9,012 square feet on a 0.76-acre lot, this property benefits from a prime location on a five-lane highway, offering excellent visibility and accessibility. Situated approximately two miles from the Emerald Isle/Highway 58 Bridge intersection, it enjoys proximity to major thoroughfares connecting Jacksonville, Swansboro, Morehead City, and 22 miles of pristine beaches. The property features 19 parking spaces and benefits from a strong lease with Dollar General, extending to January 31, 2030, with three five-year renewal options. Built in 2005 and renovated in 2018 and 2022, the building is in excellent condition, with recent upgrades including a new lighting package and landscaping. The property's strong performance is reflected in its 5.56% cap rate and $57,000 net operating income (NOI). The asking price is $1,025,000, translating to $113.74 per square foot. This is a rare opportunity to acquire a well-located, high-performing retail property in a rapidly growing coastal market with significant future development potential. The property is zoned CH and includes two gas pumps. The Carteret County location offers a compelling investment prospect with a long-term lease and a proven tenant.