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    OFF-MARKET
    Retail properties & Spaces

    1112 Old Stage Rd, Yadkinville, NC 27055

    10,542 SF 2 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 10,542 SF
    Lot 2 ac (87,120 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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