- For Sale $1,300,000
- Property Type Retail - Street Retail
- Property Size 9,026 SF
- Lot Size 1.25 Acre
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2015
- Date Updated Aug 4, 2026
Description
Rare opportunity to acquire a single-tenant Dollar General investment property in Camden, North Carolina, leased to Dolgencorp, LLC and backed by a Dollar General Corporation guaranty. The ±9,026 SF building sits on approximately ±1.25 acres along US Highway 158 with approximately 17,000 vehicles per day (2024). The property is subject to an Absolute NNN lease, providing minimal landlord responsibilities, with the tenant responsible for operating expenses, maintenance, repairs, insurance, utilities, and real estate taxes. The current lease extends through April 30, 2030, with four 5-year renewal options featuring 10% rental increases, offering investors stable cash flow and long-term income growth. Located approximately 5 miles from Elizabeth City, the property serves the surrounding Camden County market while benefiting from Dollar General's established national retail platform.
Highlights
- ±9,026 SF retail building on ±1.25 acres
- Absolute NNN lease with minimal landlord responsibilities
- Annual NOI: $87,738
- Approximately 5.4 miles from Elizabeth City, NC
- Built in 2015
- Cap rate: 6.75%
- Current lease expires April 30, 2030
- Dollar General Corporation guaranty
- Four (4) 5-year renewal options with 10% rent increases
- Located along US Highway 158 with approximately 17,000 VPD (2024)
- Offered at $1,300,000
- Single-tenant Dollar General (Dolgencorp, LLC) investment
- Top 5% most visited location in North Carolina (Top 10% nationally per Placer.ai)
False
Contacts
Jake Plotkin
Lee & Associates Raleigh Durham Wilmington
Location
Located at 139 158 Us W, Camden, NC 27921, this property is part of the Camden neighborhood.
Contact Listing Broker
Jake Plotkin
Lee & Associates Raleigh Durham Wilmington
