1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

3770 Hub Mill Rd
Elon, NC 27244 North Burlington

$1,275,000 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,002 SF
• Lot Size 2.65 AC
• Building Class B
• Year Built 2021
• Cap Rate 7.00 %
• Tenancy Single

0 Transit Score

2 Walk Score

Highlights

Growing Trade Area: Elon, NC enjoys excellent regional connectivity to Burlington, Greensboro, and the broader Piedmont Triad

Strategically Positioned: Directly across from Altamahaw-Ossipee Elementary School (serving 600+ students), delivering consistent daily traffic

Long-Term Lease Security: More than 10 years remaining on the initial term, plus five (5), 5-year renewal options

Secure, Creditworthy Tenant: Backed by Dollar General’s corporate guarantee and investment-grade “BBB” credit rating (S&P)

Hands-Off Triple-Net Investment: True absolute NNN lease structure eliminates all landlord responsibilities, providing a fully passive ownership

Essential Retailer with Resilient Model: Dollar General was classified as an essential retailer during the COVID-19 pandemic

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burlington Station (Piedmont - North Carolina by Train (NC Train))	10 min	-	8.1 mi
Airport	Drive	Walk	Distance
Piedmont Triad International	52 min	-	30.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	37
Type:	Surface
Included in Rent:	Yes