912 Vicksboro Rd, Henderson, NC 27537
This exceptional investment opportunity presents a fee-simple, Class A, single-tenant, absolute NNN leased property occupied by a Dollar General and Family Dollar. Located at 912 Vicksboro Rd, Henderson, NC 27537, this 10,542 square foot building sits on a 2.36-acre lot and boasts a strong 6.70% cap rate with a substantial NOI of $135,492. The property benefits from a 15-year lease commencing January 26, 2024, and expiring January 31, 2039, providing significant long-term stability. The lease includes 10% rent bumps every five years, further enhancing the investment's return. Built in 2023, this new construction features Dollar General's upgraded prototype and comes with warranties. The property's strategic location on Vicksboro Rd, a main commuter route near Highway 1, and its proximity to residential areas ensures high visibility and consistent customer traffic. The tenant, backed by a corporate guarantee, enjoys a strong market position, with a competing Dollar Tree store nearby performing exceptionally well. This is a turnkey investment with minimal landlord responsibilities, offering a compelling combination of strong cash flow, long-term lease security, and significant upside potential. The property is offered as a fee-simple ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.