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    OFF-MARKET
    Retail properties & Spaces

    2526 Blacksburg Rd, Grover, NC 28073

    9,026 SF 2 ac lot Built 2015
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2015
    Total area 9,026 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
    Current use
    Occupant on record · Public records
    • FedEx OnSite Postal Service Courier Service
    • Dollar General Discount Store
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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