6107 Town Creek Rd Elm City, NC 27822

This exceptional investment opportunity presents a fee-simple interest in a newly constructed (2024), 10,770 square foot Dollar General store located at 6107 Town Creek Rd, Elm City, NC 27822. The property sits on a 2-acre lot with 36 parking spaces and benefits from a prominent location along State Hwy 42 (3,300 vehicles per day), ensuring excellent visibility. The absolute NNN lease with Dollar General, a creditworthy corporate tenant, boasts a 15-year term with five 5-year renewal options. Rent increases of 5% every five years throughout the initial term and at the beginning of each option period provide built-in inflation protection and consistent NOI growth. The property features a 6.65% cap rate and a current NOI of $127,284, with an asking price of $1,915,000. The property is zoned for general commercial use and boasts a strong demographic profile within a 5-mile radius, including nearby Barnes Elementary School and Gee Corbett Village Apartments. This is a truly passive investment opportunity with zero landlord responsibilities, offering significant long-term value and predictable income streams. The APN is 3762-49-3498.