Property profile

301 Hendersonville Hwy Pisgah Forest, NC 28768

OFF-MARKET
Retail properties & Spaces
Property ID
US53-3029834
8,704 SF 0.92 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional investment opportunity presents a freestanding Dollar General store located at 301 Hendersonville Hwy, Pisgah Forest, NC 28768. The property boasts 8,704 square feet situated on a 0.92-acre lot, built in 2006, and zoned HC (CD). The current lease with Dollar General extends to October 31, 2026, with five additional five-year options, providing long-term income stability. The property's strong tenant history and favorable lease terms make it an attractive investment. Annual property taxes in 2023 were $6,231.76. The tenant is responsible for monthly parking lot maintenance fees of $165. The asking price for this well-maintained retail property is $910,000. This location in Transylvania County offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a stable, income-generating asset in a desirable market. The property's size and location make it a valuable addition to any portfolio. This is a turnkey opportunity with a proven track record.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 8,704 SF
Lot 0.92 ac (40,075 SF)
UPID US53-3029834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Hendersonville Hwy Pisgah Forest, NC 28768
Pisgah Forest metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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