For Sale - LoopNet

For Sale

Fayetteville, NC Dollar General

Exclusive Offering: $800,000 8% Cap Rate

8150 Cliffdale Road Fayetteville, NC 28314

National Asset Realty, LLC

Joe Pope 1530 Williams Street Columbia, SC 29201

803-446-4457 (c) joepope@

1530 Williams Street Columbia, SC 29201 (803)-446-4457

joepope@

Investment Information:

Tenant:

Dolgencorp, Inc

Location:

8150 Cliffdale Road Fayetteville, NC 28314

Building:

8,000 SF

Site:

.78+/- Acres

Built:

2003

Lease Expiration:

December 31, 2021

Lease:

NN Minimal Landlord Responsibilities

Annual Rent:

$63,999

Options:

2 Five Year Options

Building:

Single-Tenant Freestanding brick front store

Tenant Responsibilities:

Taxes, Insurance, Maintenance and Repair of HVAC costing less than $1,000, Plate glass windows, doors, interior and reimburses Landlord for CAM

Landlord Responsibilities:

Foundation, Parking Lot, Roof and Structure

1530 Williams Street Columbia, SC 29202

(803)-446-4457 joepope@

Bristol Park Apts.

E. E. Miller Elementary School

Abbots Landing Apts.

1530 Williams Street Columbia, SC 29201

(803)-446-4457

joepope@

Bristol Park Apts.

Cliffdale Rd.

Rim Rd.

Abbots Landing Apts.

?

The Dollar General store is located in the city of Fayetteville which is the county seat of

Cumberland County in North Carolina. Fayetteville is located in the eastern half of North Carolina

between Charlotte and Wilmington. Fayetteville is home to Fort Bragg, which is one of the largest

Army bases in the country. Fort Bragg is home to the 82nd Airborne Division, Special Operations

Forces and Pope Army Airfield. In 2010 according to the census Fayetteville had a population of over

200,000. Fayetteville also has a large and growing defense industry. Lockheed Martin, Boeing,

Northrop Grumman, General Dynamics and Goodyear all have plants in the area.

This Dollar General store is located on Cliffdale Road which is the main corridor for the western side of Fayetteville. Cliffdale Road is a busy four lane road with turning lanes. The Dollar General is located at the signalized corner of Cliffdale Road and Rim Road. This store is in close proximity to Fort Bragg as well as the numerous residential developments and apartment complexes in Fayetteville. There are over 9,000 people that live within a mile of this location. The store was built in 2003. The parking lot was resealed and striped this year. It has 46 parking spaces. The 2016 sales for this location were above $1,900,000.

1

1530 Williams Street Columbia, SC 29201 (803)-446-4457

joepope@

8150 Cliffdale Road Fayetteville, NC 28314

Demographics:

Demographics 2017

1 Mile Radius

3 Mile Radius

5 Mile Radius

Population:

Total Households

Median Household Income

Average Household Income

Per Capita Income

9,058

43,019

103,617

3,239

16,383

39,963

$53,494

$51,877 $51,484

$61,553

$61,548 $63,154

$22,050

$23,422 $24,442

1530 Williams Street Columbia, SC 29201 (803)-446-4457

joepope@

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