Property summary
This exceptional investment opportunity presents a 9,026 square foot Dollar General storefront located at 2526 Blacksburg Rd, Grover, NC 28073. Built in 2015, this property sits on a 2-acre lot and boasts a strong 7.25% cap rate, generating a net operating income (NOI) of $77,836. Currently operating at 100% occupancy under a single-tenant net lease with Dollar General, the property offers significant long-term stability. The lease features a 15-year term expiring in 2030, with five remaining 5-year options, each including a 10% rent increase. This strategic location across from the Orinco Oil plant benefits from high traffic and a lack of competing retailers, ensuring consistent customer flow. The property's size and prime location make it an ideal investment for those seeking a stable, high-yielding retail asset in a growing market. The asking price is $1,075,000. This is a turnkey investment opportunity with a proven track record and significant upside potential. The property's strong tenant, long-term lease, and favorable location combine to create a compelling investment proposition. Don't miss this chance to acquire a high-performing retail asset in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Postal Service Courier Service
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Discount Store
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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