47 Nc Highway 904, Fairmont, NC 28340

12,480 SF | Retail Building | Fairmont, NC 28340 | $2,316,909 ($186/SF) | 6.60% Cap Rate

Asking Price $2,316,909

Property Type
Retail
Square Feet
12,480 SF
Price / Square Foot
$186

Listing Contacts

Tim Bulman
Tim Bulman
Gerald Loehr
Gerald Loehr
  • Property Info

Property Overview

47 NC Highway 904 features an all new 2024 construction DG Market prototype building consisting of approximately 12,480 SF sitting directly at the five way intersection of Five Forks. This location has strong combined traffic counts at 6,500 ADT with the intersection of NC 904, NC 130, Ward Store Road and Grimsley Road coming together at Five Forks. The lease features attractive 5% rent increases every 5 years throughout the lease. The property is ideally located directly on a +/-  2.50 acre parcel adjacent to Family Dollar and just 6 miles from Interstate 95. Five Forks serves as a main connector for surrounding communities heading in all directions.  The township is within Robeson County - located just 3 miles from the South Carolina state border, 6 miles from Fairmont, 16.5 miles from Lumberton, 51 miles from Fayetteville. The nearest Dollar General is 6.4 miles east in Fairmont and 7.6 miles snorth in Rowland. This location will pull from a large trade area and be a very convenient location directly at Five Forks allowing Dollar General to offer a wider variety of items including produce, meat and other foods allowing customers closer access to fresh and healthier foods at a convenient location with everyday low prices. 
Fairmont, NC presents the rare opportunity to own an asset with new 2024 construction with a lease featuring attractive 5% rent increases every 5 years throughout the lease. The property is ideally positioned in an underserved market with a long term lease and a corporate guaranty. This DG Market prototype building consists of approximately 12,480 SF sitting directly at Five Forks - the intersection of NC 904, NC 130, Ward Store Road and Grimsley Road. The property is ideally located directly on a +/-  2.50 acre parcel adjacent to Family Dollar and just 6 miles from Interstate 95 which has traffic counts exceeding 160,000 ADT. Five Forks is located just 3 miles from the South Carolina border and serves as a main connector for surrounding communities heading in all directions and the property has a combined traffic count of approximately 6,500 ADT. The town is within Robeson County and 16.5 miles from county seat Lumberton. Robeson County is the largest county in the state of North Carolina by land area, having 949 square miles in total and is located approximately 1.5 hours from the beaches and 3 hours from the mountains, Robeson County is situated perfectly for day trips and family excursions. I-95 runs North-South on the Eastern Seaboard, directly through the county; and is a halfway point for a lot of travelers. I-74 runs East-West through the county, connecting North Carolina beaches to the mountains. Whether you are headed to the mountains or to the beach, or finding your way along Interstate 95, you will likely pass through Robeson County where you can find family-friendly activities, outdoor escapes and our uniquely beautiful black water Lumber River. The property is located just 3 miles from the South Carolina state border, 6 miles from Fairmont, 16.5 miles from Lumberton, 51 miles from Fayetteville and 61 miles form Myrtle Beach areas. The nearest Dollar General is 6.4 miles east in Fairmont.

Property Details

Class
B
Year Built
2024
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
108,900 SF

Highlights

  • Five Forks Location
  • 5% Rent Bumps Every 5 Years
  • DG Plus Prototype - 12,480 SF
  • Combined Traffic Counts @ 6,500 + ADT
  • Just 3 Miles from South Carolina Border

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