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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11185 Us-301 Lumberton, NC 28360

10,640 SF 2.34 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 10,640-square-foot Dollar General located at 11185 US-301, Lumberton, North Carolina, 28360. Built in 2024, this single-story building sits on a 2.34-acre lot and offers 40 parking spaces. The property boasts a 15-year absolute NNN lease with a credit-rated, corporate-guaranteed tenant, Dollar General, providing minimal landlord responsibilities. Rent commences in November 2024 and includes 10% rent bumps at each of the five-year lease option periods. The asking price is $2,130,000, representing a price per square foot of $200.19 and a 6.75% cap rate, with a current NOI of $143,723. The property benefits from its strategic location near I-95 and Magnolia Elementary School, and enjoys strong average household incomes within a five-mile radius ($80,368, $90,975, and $96,086 respectively). This investment offers exceptional stability and growth potential, backed by a financially sound tenant with over 20,000 locations nationwide. The property's proximity to major roadways and a strong local demographic profile further enhance its long-term value. This is a rare opportunity to acquire a high-quality, net-leased retail property with a strong tenant and favorable lease terms.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,640 SF
Lot 2.34 ac (101,930 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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