Listed by Westwood Net Lease Advisors LLC
$1,650,868
Dollar General- 7.25% cap
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,002
Net Rentable (SqFt) 9,002
Cap Rate 7.25%
NOI $119,688
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 09/30/2036
Remaining Term 10.3
Rent Bumps Yes
Lease Options Five (5 Year) Options
Year Built 2021
Acreage 1.740
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/09/2021
Ground Lease No
Sale Condition 1031 exchange
Retail | 7.25% CAP | 9,002 SqFt
Marketing description
This Dollar General property is located at 4045 Randleman Rd in Greensboro, NC 27406. The property features a 9,002 square foot building on 1.74 acres with an absolute NNN lease that commenced on September 9, 2021 and expires on September 30, 2036. The property is offered at an asking price of $1,650,868 with a 7.25% cap rate and annual rental income of $119,688.
Investment highlights
- Rare DG location with 68,000 people in 5 mile radius and 6.7 miles from downtown Greensboro NC
- 10+ years left on absolute NNN lease
- 10% increases in each 5 year option period
- Greensboro NC is part of the "Piedmont Triad" and home to HondaJet, Boom Supersonic and Toyota's upcoming battery plant
- Just south of I-85 and in the vicinity of several national retailers including: Lowe's, Walmart, Tractor Supply, Murphy USA, etc
- Combined Traffic Counts of 7,900 cars/day
Listing Contacts
Listed by Westwood Net Lease Advisors LLC
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
$119,688.00
$9,974.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Zoning
CZ-HB CommercialSpecial CommercialConditional Zoning Highway Business
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 172 uses
View all 172 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
