| Price | $2,194,286 |
| CAP Rate | 5.25% |
| NOI | $115,200 |
| Lease Term | 9+Years Remaining |
| Lease Type | Absolute NNN |
| Rental Increases | 10% at Each Renewal Option |
| Tenant | Dollar General |
| Guaranty | Corporate |
| Renewal Options | (5) 5-Year Options |
| Parcel Number | 93284 |
| Square Feet | 10,830+/- SF |
| Year Built | 2016 |
| Land Area | 1.23 Acres |
| Traffic Count | 14,000 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.
Greensboro, NC