www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30064679
30064680

3235 W Hornes Church Rd, Bailey, NC 27807

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$2,143,000
93 days on market
Updated 93 days ago

Dollar General

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,640
Cap Rate 6.45%
NOI $138,276
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 08/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options 5, 5-Year
Price per SqFt $201
Broker Co-Op Yes
Year Built 2025
Buildings 1
Stories 1
Acreage 1.950
Zoning Commercial
Parking Spaces 37 per unit
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2025
Ground Lease No

Absolute Net Lease | Affluent Surrounding Area | Stable Population Growth

Investment highlights

• New 2025 construction

• Absolute net lease | Zero landlord responsibilities

• Desirable lease term | 14.5 years remaining

• Corporate lease | Dolgencorp, LLC | 20,274 locations across the US & Mexico

• Affluent surrounding area | $103,182 average household income within a 3-mile radius

• Large parcel | 1.95 acres

• Stable population growth within 3-mile radius | 9.52% from ’10-‘25

• 15 minutes from Wilson Medical Center | 294 beds

• 10 miles from Barton College | 1,400 students

• Within 10 minutes from Southern Nash High School & James Hunt High School | 2,200 students combined

• 15 minutes from Rocky Mount-Wilson Regional Airport | 125 flights per day

• Nearby destination retailers | Walmart Supercenter, Target, Harris Teeter, Lowe’s, Hobby Lobby, Buffalo Wild Wings, Chili’s, Olive Garden, Outback Steakhouse, Chick-fil-A, Starbucks, Chipotle, Bojangles, McDonald’s, Sonic, Zaxby’s, Jersey Mike’s, Panera Bread, Domino’s, Scooter’s Coffee, Popeyes, Cook Out, Burger King, Hardee’s, Arby’s, Culver’s, Wawa, and more

Listing Contacts

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,276.00
$11,523.00/mo

Valuation Metrics

0
DSCR
6.45%
Cap Rate
6.45%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591