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33465518
33465497

6445 Old Statesville Road, Charlotte, NC 28269

CB
NC 287166
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$1,760,000
1 day on market
Updated 1 day ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,267
Cap Rate 6.75%
NOI $118,844
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/30/2031
Remaining Term 5.5
Rent Bumps Yes
Lease Options Four, 5-Year
Price per SqFt $190
Year Built 2011
Acreage 1.750
Zoning Commercial
Parking Spaces 37 spaces
Parking Per SqFt 3.99
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/23/2011
Ground Lease No

Recent Tenant Renewal | Absolute Net Lease | Corporate Lease

Investment highlights

• Tenant exercised its renewal option in May 2026 | Demonstrating its long-term commitment to this location

• Attractive population density within a 5-mile radius | 183,223 residents

• Great visibility & access from Old Statesville Rd | 26,000 VPD

• Absolute net lease | Zero landlord responsibilities

• Corporate lease | Dolgencorp, LLC | 20,388 locations across the U.S. and Mexico

• 15 minutes from downtown Charlotte

• Investment grade Credit | BBB / Baa3 | Nationally recognized brand

• Stable population growth within 1-mile | 34.00% from ’10-‘25

• Long operating history | Leased since 2011

• Large industrial presence nearby | 10M SF of space within a 2-mile radius

• Large parcel | 1.75 acres

• Affluent surrounding area | $91,554 average household income within a 5-mile radius

• Within 15 minutes from Atrium Health University City & Huntersville Hospital | 270 beds

• 15 minutes from University of North Carolina at Charlotte | 32,207 students

• Within 10 minutes from North Mecklenburg High School & West Charlotte High School | 4,080 students

• 20 minutes from Charlotte Douglas International Airport | 1,400 flights per day

• Nearby Destination Retailers: Target, Food Lion, ALDI, Harris Teeter, Lowe’s, Best Buy, REI, Burlington, Old Navy, Olive Garden, Buffalo Wild Wings, LongHorn Steakhouse, Chick-fil-A, Panera Bread, McDonald’s, KFC, Taco Bell, Wendy’s, Cook Out, Bojangles, Domino’s Pizza, Subway, Dunkin’, 7-Eleven, Jersey Mike’s, Chipotle, CAVA, Crumbl, and more

Listing Contacts

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

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$118,844.00
$9,903.67/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

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