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34220415
34220414

304 Central Avenue, Butner, NC 27509 For Sale

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group
$824,320
15 days on market
Updated 1 day ago

Dollar General - Butner, NC

Details
APN 087605174912
Property Type Retail
Sub Type Storefront
Square Footage 9,100
Units 1
Cap Rate 7.5%
NOI $61,824
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 10
Lease Expiration 09/30/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options Three (3) - Five (5) Year
Price per SqFt $91
Year Built 2006
Stories 1
Acreage 0.880
Zoning Commercial
Parking Spaces 30 spaces
Parking per 1,000 SqFt 3.30
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/17/2005
Ground Lease No
Ownership Fee Simple

5.25 Yrs - Strong Placer.ai Data (Top 2%)

Marketing description

Schuchert Retail Group is pleased to exclusively present for sale the 9,100 SF Dollar General located at 304 Central Ave, Butner, NC 27509.

In Conjunction With: Wayne Troxler (Guilford Realty Group, Inc.)

NC License #110069

Investment highlights

DOLLAR GENERAL CORPORATE LEASE:

Approximately 5.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 09/30/2031)

2006 Construction | Build-to-Suit Dollar General

9,100 SF Building on 0.88 Acre Parcel

• Three (3) - Five (5) Year Option Periods with 12% Rental Increases

STRONG PLACER.AI DATA - 260.6K VISITS:

Nationwide (315 out of 19,641 DG Stores) = Top 2%

Statewide (9 out of 1,075 DG Stores) = Top 1%

• 15-Mile Radius (1 out of 6 DG Stores) = Top Store

PROXIMITY FROM BUTNER, NC:

Durham, NC | 15 Miles

• Raleigh, NC | 28 Miles

• Greensboro, NC | 66 Miles

• Winston-Salem, NC | 92 Miles

• Fayetteville, NC | 92 Miles

Charlotte, NC | 157 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 3,098 Residents | $90,259 Average Household Income

• 3-Mile: 12,107 Residents | $114,984 Average Household Income

• 5-Mile: 18,983 Residents | $111,737 Average Household Income

• 7-Mile: 28,213 Residents | $129,506 Average Household Income

TENANT:

Dollar General Corporation (NYSE: "DG")

• Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's

• Ranked #112 on the Fortune 500 List (2025)

21,055 Stores in 48 States

Listing Contacts

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$61,824.00
$5,152.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Wayne Troxler
License
NC 110069
Brokerage
Guilford Realty Group, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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