Dollar General

$ 1,970,089Greensboro, NC

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Property Details

SOLD

3113 Randleman Road

Greensboro, NC

NOI$115,200
Lease Term9+Years Remaining
Lease TypeAbsolute NNN
Rental Increases10% at Each Renewal Option
TenantDollar General
GuarantyCorporate
Renewal Options(5) 5-Year Options
Parcel Number93284
Square Feet10,830+/- SF
Year Built2016
Land Area1.23 Acres
Traffic Count14,000 VPD (Randleman)

 

Oswald Cooke & Associates is pleased to offer an Absolute NNN corporately leased Dollar General to the market.  The 1.23 acre site is located at 3113 Randleman Road in Greensboro, NC. The 15-Year Absolute NNN lease has 9+ Years remaining on a 15-Year lease with (5) 5-Year renewal options. The lease is subject to 10% bumps at each renewal option. The 10,380+/- SF building was constructed in 2016. Other national retailers in the area include: O’Reilly Auto Parts, First Citizens, Gold’s Gym, Walmart, Lowes, CVS, Bojangles, Wendy’s, McDonalds and many others.