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    OFF-MARKET
    Retail space

    912 Vicksboro Rd, Henderson, NC 27537

    10,542 SF 2.36 ac lot Built 2023
    Entity Owned 1-yr Hold
    Property ID
    US53-4469911
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Year built 2023
    Total area 10,542 SF
    Lot 2.36 ac (102,802 SF)
    UPID US53-4469911
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Rhetson Capital LLC · 1 yrs held
    Rhetson Capital LLC
    since 2025
    2 recorded transactions
    2025
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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