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32450894
32450890

211 South White Street, Whitakers, NC 27891

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$2,374,000
30 days on market
Updated 2 days ago

Dollar General Market

Details
APN 358658
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,640
Units 1
Cap Rate 6.45%
NOI $153,156
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/28/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Five, 5-Year
Price per SqFt $223
Broker Co-Op True
Year Built 2026
Acreage 1.750
Zoning Commercial
Parking Spaces 35 spaces
Parking Per SqFt 3.29
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2026
Ground Lease No

Absolute Net Lease | Desirable Lease Term | Corporate Lease

Investment highlights

• Absolute net lease | Zero landlord responsibilities

• New 2026 construction

• Desirable lease term | New 15-year lease

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

• Located within 1-mile from Cummins Rocky Mount Plant | $580 million capital investment by Cummins Inc. | 80 new jobs | Long-term economic growth catalyst

• Great visibility & access from S White St | 7,100 VPD

• Large parcel | 1.75 acres

• 20 minutes from Nash General Hospital | 282 beds

• Within 20 minutes from North Carolina Wesleyan University & Edgecombe Community College | 2,700 students combined

• 10 minutes from Rocky Mount Preparatory School | 1,000 students

• 20 miles from Rocky Mount-Wilson Regional Airport | 125 flights per day

• Nearby destination retailers | Food Lion, Waffle House, McDonald’s, Hardee’s, Sheetz, and more

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$153,156.00
$12,763.00/mo

Valuation Metrics

0
DSCR
6.45%
Cap Rate
6.45%
ROI

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