Twitter
Facebook
Email
|
1.31 ACRE FULLY DEVELOPED #8865 Square Foot VERY WELL MAINTAINED DOLLAR GENERAL STORE LOCATED CLIFFSIDE, NORTH CAROLINA,(MOORESBORO ADDRESS) Built Year 2009 WITH CORPORATE GUARANTEED NNN LEASE UNTIL YEAR 2030 WITH #5 - 5 Year Options until Year 2055 WITH 10% INCREASES PER OPTION. *This is a VERY HIGH ANNUAL SALES DG STORE ; GROSS ANNUAL SALES FOR YEAR 2024 WERE $1,812,232.00 * AT A $1.5 Million Purchase Price will create a 5.8% Cap Rate Years 2025 through 2030 with an AVERAGE CAP Rate of 6.8% for the entire 28.6 Years Lease Period REMANING AS FOLLOWS: *YEARS 2025 THROUGH 2030 ANNUAL LEASE PAYMENT = $87,372.00 YEARS 2030 THROUGH 2035 ANNUAL LEASE PAYMENT = $90,680.40 YEARS 2035 THROUGH 2040 ANNUAL LEASE PAYMENT = $99,748.44 YEARS 2040 THROUGH 2045 ANNUAL LEASE PAYMENT = $109,723.32 YEARS 2045 THROUGH 2050 ANNUAL LEASE PAYMENT = $120,695.64 YEARS 2050 THROUGH 2055 ANNUAL LEASE PAYMENT = $132,765.24 *This property will have generated $3,081,148.00 in NNN Lease Payments.
| YEAR BUILT | 2009 | COUNTY | Rutherford |
|---|---|---|---|
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Heat Pump |
| LOT | 1.31 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level, Open Lot, Paved |
| LOT DIMENSIONS | 119X236X246X295X59.05 |
| MLS STATUS | Active |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Underground Utilities |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Debbie Team nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Properties reported may be listed or sold by various participants in the MLS
© 2025 Carolina Multiple Listing Services, Inc.
This IDX solution is (c) Diverse Solutions 2025.