Available Properties
Dollar General – Timberlake, NC
- 8530 US-501, Timberlake, NC 27583
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $895,058
- 8.50%
- 6.5 Years
- NN+ Lease
- Corporate Guarantee
Highlights
- Tenant renewed their lease early showing their strong commitment to the sit
- NN+ Lease with the Tenant paying an above average $488.25/Month CAM Allowance, allowing the landlord to perform routine maintenance/minor capex at no expense to them
- Conveniently located less than 20 Miles from Durham North Carolina
- Dollar General recently upgraded the Pylon Sign and Front of the Store Sign
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this Dollar General in Timberlake, NC at $895,058. This property has 5.5 Years Remaining on the NN+ Lease with Dollar General. The tenant has successfully operated at this location for over 18 years and recently extended their lease again showing commitment to the site.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
4,170 |
$63,816 |
|
5 Mile |
9,494 |
$67,409 |
|
10 Mile |
38,081 |
$62,942 |
