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Property profile & analytics

Nec. Indian Spg Rd And Emmaus Church Rd Brogden, NC 28333

  • Retail properties
  • 10,640 SF
  • 1.98 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 0 Nec. Indian Spg Rd And Emmaus Church Rd

Year built
2024
Lot size
1.98 lot acres
Property size
10,640 SF
Property type
Retail properties
Property subtype
Retail space

Description

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640 square-foot Dollar General store in Dudley, NC. Located at the intersection of Indian Springs Road and Emmaus Church Road, this property boasts a 15-year absolute NNN lease with a corporate guarantee, commencing December 31, 2024, and expiring January 1, 2040. The lease includes five 5-year renewal options, each with a 5% rent increase, ensuring consistent income growth and inflation protection. The property features 35 parking spaces and sits on a 1.98-acre lot, zoned for general commercial use. With a 6.65% cap rate and a net operating income (NOI) of $131,988, this property offers a compelling return on investment. The building, constructed in 2024, benefits from high visibility due to significant street frontage and a large pylon sign. The strong demographics of the area, with over 11,000 residents and 4,000 employees within a 5-mile radius and an average household income of $90,807 within a 3-mile radius, further enhance the property's value. This is a truly management-free investment opportunity with zero landlord responsibilities, making it ideal for passive investors seeking a stable and appreciating asset. The property's price per square foot is $186.56, and the asking price is $1,985,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Brogden
County
State
North Carolina
Longitude
-77.9967
Latitude
35.2939
More about this property
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