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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
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.
NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
NNN Leased Retail Investment Property
811 Ward Blvd
Wilson, NC 27893
919 Commercial
Dan Smith
(919) 961-5717 Mobile
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