Dollar General Oxford NC

905 College St, Oxford, NC 27565

Property Details

Price:$1,300,000
Building Size:9,026 SF
Price/SF:$144.03
Property Type:Retail
Property Sub-type:Free Standing Bldg
Additional Sub-types:Street Retail
Anchor
Property Use Type:Net Lease Investment with 10+ years left on lease
Commission Split:2%
Cap Rate:6.57%
No. Stories:1
Tenancy:Single
Year Built:2014
Lot Size:1.44 AC
APN / Parcel ID:191312960788
Location Description

Dollar General Oxford NC is centrally located in Historic Oxford NC, close to Granville Medical Center, Food Lion, ideal demographics for Dollar General.

Financial Summary   
Year2017
Net Operating Income$85,411
Major TenantsSF OccupiedLease Expired
Dollar General Corporation9,0269/1/2029
1
Advance Auto Parts | New Construction | 15+ Years
220 Hillsboro St, Oxford, NC 27565
$1,558,000 7,000 SF
Retail
2
200 Linden Ave
200 Linden Ave, Oxford, NC 27565
$95,000 2,000 SF
Retail
3
205 Williamsboro St
205 Williamsboro St, Oxford, NC 27565
$162,500 2,646 SF
Retail
4
201 Broad St
201 Broad St, Oxford, NC 27565
$150,000 1,939 SF
Retail
Frank Efird Sr

President with Efird Companies: Commercial Real Estate Development, Sales, Leasing, Marketing, Trust & Asset Management in the Carolina's since 1965.
Original Developer of Town of River Bend, New Bern, NC.

Current Occupation:NC Broker / Developer
Work Experience:Efird Companies:
Efird Commercial Real Estate - Charlotte NC / Fort Mill SC
Efird Property Management - Wilmington / New Bern NC
Past:
Efird Company: Development & Construction
River Bend Plantation, Inc.
Stanley Power Tools, New Bern NC
Owens-Illinois, NC
Education:University of North Carolina-Chapel Hill
Pheiffer College: Stanly County
Website:http://www.efird.us/home.html

Frank Efird Sr
mail@efird.us
(910) 200-0037
License: 12068

Efird Company
219 Bogey Drive
Wilmington, NC 28405

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Property Description

- Perfect for Dollar General Investor looking for Great Street Appeal & Residual Value. - Upgraded Brick construction, expanded parking with full concrete curb & gutter, completely fenced with value added landscaping. - Excellent 1031 Tax Free Exchange Property - Highly passive investment. - Freestanding building with Absolute NNN lease to Dollar General: nation's number one small box discount retailer. - $85,411 Net Operating Income (NOI) annually. - 4 Five Year Options with a 10% rent increase in each option period. - Opened September 2014, 12 years remaining on initial 15 Year NNN lease. - Upgraded Brick Masonry & Steel construction.