3826 Nc-16 Crumpler, NC 28617

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Dollar General store located at 3826 NC-16, Crumpler, NC 28617. The property boasts 10,640 square feet and was newly constructed in 2022, opening December 16th, 2022. The current lease features a 15-year initial term, expiring December 16th, 2037, with two 5-year renewal options. Each option period includes a substantial 10% rent increase, providing built-in growth potential. The property generates a strong net operating income (NOI) of $100,574 annually, translating to a compelling 7.00% capitalization rate. The asking price is $1,436,765, representing a price per square foot of $135.03. Situated in Ashe County, North Carolina, this Dollar General serves a community of approximately 2,000 residents. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a nationally recognized tenant and significant lease term remaining. The property's strong financials and location make it an attractive addition to any portfolio. The current monthly rent is $8,381.13. This is a 1-story building on a single unit.