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NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
Dollar General Retail Investment Property
• 10 years remaining on original lease term
(Lease Expires May 31st 2030)
• Built in 2015
• Located on 1.66ac
• 9100sf Building with all brick exterior
• Solid location with 15,000VPD traffic count
• For Sale $1,447,265 (6.4 Cap Rate)
919 Commercial
Dan Smith
(919) 961-5717 Mobile
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NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
INVESTMENT SUMMARY:
Tenant: Dollar General
Lease Type NNN with no LL Responsibilities
Asking Price $1,447,265
Current NOI $92,625
Cap Rate 6.4%
Lease Commencement Date June 1st 2015
Lease Term End May 31st 2030
Rent Increases 10% each option period
Renewal Options 4 Options of 5 years each
Gross Leasable Area 9100sf
Lot Size 1.66ac
Year built 2015
This Dollar General store was located at an in-line center on Ward
Blvd near this location and was relocated to this freestanding building
in 2015 with a 15 year term. No LL responsibilities with this lease; ten-
ant handles roof, structure, CAM, insurance. LL pays the taxes but is re-
imbursed by the tenant. Solid long term urban location with multiple re-
tenanting possibilities if tenant were ever to vacate and good traffic
counts.
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NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
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NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
919 Commercial
Dan Smith
(919) 961-5717 Mobile