308 Walnut St, Fairmont, NC 28340

This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General store in Fairmont, North Carolina. Built in 2024, this property sits on a 1.81-acre lot at a high-traffic intersection (9,050 ADT on S. Walnut Street and 2,400 ADT on Cottage Street), offering excellent visibility and accessibility. The property benefits from a 15.1-year absolute NNN lease with a prominent national tenant, Dollar General, ensuring consistent cash flow. The lease includes attractive 5% rent increases every five years, providing built-in protection against inflation. The current Net Operating Income (NOI) is $144,492, yielding a 6.75% cap rate. This location is strategically positioned in a growing market, serving a large trade area with limited competition. The nearest comparable Dollar General stores are located at a significant distance, highlighting the potential for strong sales and returns. The property's location in Robeson County, North Carolina, offers easy access to major highways (I-95 and I-74), placing it within convenient reach of both coastal and mountain destinations. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant long-term growth potential. The lease has 5x5 options with 5% increases in each. The lease commenced September 11, 2024, and expires September 30, 2039. The asking price is $2,140,622.