1112 Old Stage Rd, Yadkinville, NC 27055
This exceptional investment opportunity presents a brand-new, 10,542-square-foot Dollar General Plus convenience store located at 1112 Old Stage Rd, Yadkinville, NC 27055. Built in 2024, the property sits on a 2-acre lot with 36 parking spaces and boasts a prominent location at the hard corner intersection of Hwy 601 and Old Stage Rd, ensuring high visibility and accessibility. The property features a 15-year absolute NNN lease (commencing August 2, 2024, and expiring August 31, 2039) with a strong corporate guarantee from Dollar General Corporation, a company with over 19,414 locations across North America and an investment-grade credit rating of Baa2/BBB. The lease includes a 5% rent increase every five years, providing consistent income growth. The current net operating income (NOI) is $143,484, resulting in a compelling 6.50% cap rate. The property benefits from its proximity to major transportation routes (less than 5 minutes from US Hwy 421, with 20,500 vehicles per day), significant employers (Unifi and B&G Foods), and a strong retail environment including Tractor Supply, CVS, and other national brands. This is a truly passive investment with zero landlord responsibilities, offering a secure and lucrative return for investors. The property's location in Yadkinville, the county seat of Yadkin County, further enhances its value and long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.