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4795 E US Highway 64
Murphy, NC 28906

$685,000 USD

Freestanding For Sale  •  9,014 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.21 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 8.59 %
  • Tenancy Single
0 Transit Score
19 Walk Score

Highlights

Proven Long-Term Operating History: Dollar General has successfully operated at this location since 2004.
Recent Lease Extension: Dollar General executed a 5-year lease extension, further validating the location’s operational performance
Scheduled Rent Escalation: The lease includes a 5% rental increase effective May 2027, providing built-in income growth for investors.
Recent Capital Improvements: The property has benefited from significant recent capital expenditures, including a full parking lot resurfacing
Structured Long-Term Lease: The lease includes six (6) additional five-year renewal options, each with 5% rent increases
Cap Rate: 8.59 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 5/1/2019
Dylan Abboud 470-523-4253 Matthews Real Estate Investment Services
Dylan Abboud 470-523-4253 Matthews Real Estate Investment Services