1.31 ACRE FULLY DEVELOPED #8865 Square Foot VERY WELL MAINTAINED DOLLAR GENERAL STORE LOCATED CLIFFSIDE, NORTH CAROLINA,(MOORESBORO ADDRESS) Built Year 2009 WITH CORPORATE GUARANTEED NNN LEASE UNTIL YEAR 2055 WITH #5 - 5 Year Options until Year 2055 WITH 10% INCREASES PER OPTION. *This is a VERY HIGH ANNUAL SALES DG STORE ; GROSS ANNUAL SALES FOR YEAR 2024 WERE $1,812,232.00 * AT A $1,199,000 Purchase Price will create a 7.28% Cap Rate *YEARS 2025 THROUGH 2030 ANNUAL LEASE PAYMENT = $87,372.00 YEARS 2030 THROUGH 2035 ANNUAL LEASE PAYMENT = $90,680.40 YEARS 2035 THROUGH 2040 ANNUAL LEASE PAYMENT = $99,748.44 YEARS 2040 THROUGH 2045 ANNUAL LEASE PAYMENT = $109,723.32 YEARS 2045 THROUGH 2050 ANNUAL LEASE PAYMENT = $120,695.64 YEARS 2050 THROUGH 2055 ANNUAL LEASE PAYMENT = $132,765.24 *This property will have generated $3,081,148.00 in NNN Lease Payments.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Cliffside is located in North Carolina. Cliffside, North Carolina has a population of 569. Cliffside is less family-centric than the surrounding county with 10.42% of the households containing married families with children. The county average for households married with children is 22.97%.
The median household income in Cliffside, North Carolina is $49,107. The median household income for the surrounding county is $45,500 compared to the national median of $69,021. The median age of people living in Cliffside is 42.8 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 49.6 inches per year, with 3.1 inches of snow per year.
